The Dow Jones Industrial Average was down 697 points, or 1.8%. The S&P 500 was down 1.7%. The Nasdaq Composite was down 2%. All three were on track for their worst post-CPI reactions since Sept.
The Dow bounced a bit off the day's lows and closed down nearly 525 points, or 1.4% ... Follow Kimberley Koenig for more stock market news on X/Twitter @IBD_KKoenig.