Stocks opened lower Thursday, with losses accelerating as the session wore on. By the close, all three main indexes were deep in negative territory as tariff headlines once again sent market participants scrambling.
Another encouraging reading on inflation couldn't save stocks today. Indeed, an early morning release from the Bureau of Labor Statistics showed the Producer Price Index, which measures wholesale prices, was flat month over month in February, though January PPI was upwardly revised to 0.6% from the initial reading of 0.4%. Year over year, headline PPI was up 3.2% vs 3.7% in January.
