U.S. stocks dropped sharply today as investors digested a key report on the state of inflation in the U.S., which came in hotter-than-expected across most major metrics.
Dow Jones finished -327 at 31,834
S&P 500 finished -66 at 3,935
NASDAQ finished -373 at 11,364
The 10 Year Treasury closed down 7 basis points yielding 2.93%
Oil prices closed up $5.48 ending at $105.24 a barrel.
Gold prices closed up $11.30 ending at $1,852 an ounce.
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