Stocks Drop for a Third Day as Inflation Concerns Increase

Stocks Drop for a Third Day as Inflation Concerns Increase

Here’s what you need to know: Stocks on Wall Street dropped for the third consecutive day on Wednesday as new data on consumer prices added to investors’ concerns that inflation could upend the Federal Reserve’s efforts to keep interest rates low to bolster the economy. The S&P 500 fell 2.1 percent, pushing its losses this … Read more