May Showers on Wall Street

Soaring commodities, solid economic data, and a falling greenback are clouding the markets with inflation worries

Spring was in the air on Wall Street, as the Dow Jones industrial average climbed to levels not seen in six years. On May 10 the Dow average finished at a new six-year closing high of 11,642.65, within 100 points of its all-time peak. Then the clouds thickened on May 11, when the Dow and other major indexes took their biggest tumble since Jan. 20. The next day, losses deepened.

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