U.S. stocks closed down as investors assessed fresh inflation data out of Washington that showed prices in March further accelerated to a new 40-year high.
Dow Jones finished -88 at 34,220
S&P 500 finished -15 at 4,397
NASDAQ finished -40 at 13,371
The 10 Year Treasury closed down 6 basis points yielding 2.72%
Oil prices closed up $6.41 ending at $100.70 a barrel.
Gold prices closed up $21.60 ending at $1,969 an ounce.
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