U.S. stocks sink on worries about inflation as gold falls below $5,000 per ounce

U.S. stocks sink on worries about inflation as gold falls below $5,000 per ounce

U.S. stocks are sinking Wednesday after a report said inflation was primed to worsen even before oil prices began spiking because of the war with Iran.

NEW YORK (AP) U.S. stocks are sinking Wednesday after a report said inflation was primed to worsen even before oil prices began spiking because of the war with Iran. The S&P 500 fell 1.1% and wa… [+4503 chars]