Wall Street stocks finished sharply lower Thursday as markets bet that the latest inflation report would compel the Federal Reserve to accelerate efforts to tighten monetary policy.
Snapping a two-day winning streak, all three major indices finished solidly lower, with the Dow Jones Industrial Average down 1.5 percent at 35,241.59.
The broad-based S&P 500 fell 1.8 percent at 4,504.09, while the tech-rich Nasdaq Composite Index dropped 2.1 percent to 14,185.64.
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