S&P 500, stocks drop as bond yields react to January inflation

US stocks (DJI, IXIC, GSPC) declined at Wednesday’s session open following January’s Consumer Price Index (CPI) report, which saw hotter-than-expected inflation prints.

The Morning Brief’s Brad Smith and Yahoo Finance markets and data editor Jared Blikre eye the negative moves in the market averages and across sectors, while Treasury bond yields (^TYX, ^TNX, ^FVX) surge on the latest inflation data.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.