#US stocks tank over sky-high May inflation data
“US stocks tank over sky-high May inflation data” Stocks plummeted on Friday as data showing inflation accelerated to a fresh four-decade high in May rattled Wall Street and sent indexes to another week of losses. The Dow Jones Industrial Average tumbled 880 points or 2.7%. The tech-heavy Nasdaq index slid 414.21 points, or 3.5%, while…