#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com Stocks were lower on Thursday as fears that inflation’s bumpy path forward could push out interest rate cuts continued to proliferate through the market. The Dow Jones Industrial Average (^DJI) fell about 0.7%, while the S&P 500 (^GSPC) dropped 0.4%. The tech-heavy Nasdaq Composite (^IXIC) slipped 0.2%. All three major averages reversed strong midday gains after Minnesota Fed President Neel Kashkari suggested the Fed may not cut interest rates at all this year if inflation progress stalls. The positive market action also paused amid a spike in oil prices. Oil futures spiked more
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