Most of Wall Street sinks after report of worsening inflation
NEW YORK — Most U.S. stocks fell Wednesday after a report showed inflation is unexpectedly worsening for Americans. The Standard & Poor’s 500 dropped 0.3%, though it had been on track for a much worse loss of 1.1% at the start of trading. The Dow Jones industrial average sank 0.5%, while the Nasdaq composite edged higher by less than 0.1%.