U.S. stocks fell and oil prices jumped, as concerns about rising energy prices, supply shortages and inflation rattled investors once again.
The S&P 500 ticked down 0.6% Wednesday, while the Dow Jones Industrial Average fell 0.9%. The tech-focused Nasdaq Composite Index moved between small gains and losses and was recently down 0.2%. Major U.S. stock indexes jumped Tuesday, as investors shrugged off worries that inflation will push the nation’s economy into a recession.