BREAKING NEWS

Stocks had their worst day in a series of ugly drops. The S&P 500 fell 4% after retailers' shrinking profits reignited panic about inflation.

Wednesday, May 18, 2022 4:07 PM ET

The S&P 500's drop was its biggest since June 2020 and its fourth decline of more than 3 percent in less than a month. The tech-heavy Nasdaq composite fell 4.7 percent.

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