US stocks drop to their worst day since July as inflation worsens
US stocks experienced their worst day since July on Wednesday, with major indices declining. The S&P 500 fell 1.1 percent, marking its fifth loss in six days.

Briefing Summary
AI-generatedUS stocks experienced their worst day since July on Wednesday, with major indices declining. The S&P 500 fell 1.1 percent, marking its fifth loss in six days. The Dow Jones Industrial Average decreased by 48 points, or 0.1 percent, and the Nasdaq composite slid 1.9 percent. Stocks, particularly in the artificial-intelligence sector, were pulled lower. This downturn was influenced by rising bond yields, fueled by concerns stemming from a report indicating worsening inflation.
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5 extractedThe Nasdaq composite slid 1.9 per cent.
The Dow Jones Industrial Average fell 48 points, or 0.1 per cent.
The S&P 500 sank 1.1 per cent for a fifth loss in the six days since setting its all-time high.
US stocks dropped to their worst day since July on Wednesday.
Stocks felt pressure from rising yields in the bond market.