Stock Market Today: Hot Inflation Data Sinks Stocks

Friday's selloff sent the major benchmarks to their worst week of the year so far.

dollar sign on fire
(Image credit: Getty Images)

 Selling resumed on Wall Street Friday, with investors spooked by another hot inflation update. A solid reading on consumer sentiment only created stiffer headwinds for the major indexes, with the broad market suffering its worst weekly loss of the year.  

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.