Closing Bell
S&P 500 falls 1.1% after hot inflation as long yields give back a spike
Core prices topped forecasts, technology had its largest one-day move in 30 sessions, and the long-bond fund still finished higher.
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11 Select Sector SPDR funds, sized by each sector’s share of the S&P 500 and colored by the day’s % change. Leaders: Health Care +2.51%, Consumer Staples +2.22%, Energy +0.61%. Laggards: Technology −2.98%, Communications −1.30%, Industrials −0.97%.