This key inflation measure rose further into double digits in March

US inflation kept moving higher in March and the Producer Price Index is the latest data point showing the price pressure.

News: What you need to know about the markets     This key inflation measure rose further into double digits in March US inflation kept moving higher in March and the Producer Price Index is the latest data point showing the price pressure. Read more »   Here's what getting more expensive at the grocery store Food prices keep going up. Read more »   JPMorgan kicks off earnings season with bad news JPMorgan Chase kicked off earnings season Wednesday with some bad news: First-quarter profit fell 42% from a year ago, driven lower by Russia's invasion of Ukraine, high levels of inflation, and supply chain problems. Read more »   Delta says hiking fares can help it can turn a profit as fuel costs surge Travel is booming, and Delta Air Lines boosted ticket prices. That helped the company weather higher fuel costs in the first quarter, and Delta believes it can turn a profit in the second quarter. Read more »   Can Wall Street and labor unions learn to get along? Wall Street and private businesses have funneled millions of dollars into anti-union tactics and lobbying, and they've gotten what they wanted: Union membership has been on a steady decline in the United States for the past four decades. Read more »   3 reasons Shanghai's lockdown matters to the global economy China is struggling to contain an outbreak of Covid-19 in Shanghai despite a 17-day lockdown that is keeping most of its 25 million residents trapped at home. Read more »

Dow Nasdaq S&P +344.23   +272.01   +49.14 34,564.59   13,643.59   4,446.59 +1.01%   +2.03%   +1.12% YTD -4.88%   YTD -12.79%   YTD -6.71%

Biggest Winners Southwest Airlines Co +7.54%   First Republic Bank +6.93%   Hilton Worldwide Holdings Inc +6.25%   Delta Air Lines Inc +6.21% Biggest Losers Abbvie Inc -4.19%   JPMorgan Chase & Co -3.22%   Aptiv PLC -1.77%   Eli Lilly and Co -1.76%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $104.25 +3.65 / +3.63% Gold $1,981.30 +5.20 / +0.26% 10-yr 2.69% -0.04 Euro $1.09 +0.01 / +0.50%

More Markets Now   Watch the live digital show, now every Wednesday 12 p.m. to 12:15 p.m. ET.

Hi, let us know what you think of this newsletter!   Tell us what you want to read more of... and less of. Email your tips and feedback to MarketsNow@cnn.com

Sign up for Reliable Sources newsletter   Sign up for Before the Bell newsletter

Tips, thoughts or questions are always welcome at MarketsNow@cnn.com   Want to change how you receive these emails? You can unsubscribe from this list   ® © 2022 Cable News Network Inc. A WarnerMedia Company. All Rights Reserved. You are receiving this message because you subscribed to CNN Business's "Markets Now" newsletter. Our Mailing address is: Cable News Network, Inc. 1 CNN Center Atlanta, GA 30303