Dow tumbles as America's prices keep rising

News: What you need to know about the markets     Dow tumbles as America's prices keep rising Read more »   Food prices are still soaring — here's what's getting more expensive Inflation may be slowing, but food prices are still through the roof. Read more »   Americans should brace for higher natural gas prices, Chevron CEO says Prices at the pump have fallen along with the cost of a barrel of crude oil. But the CEO of Chevron, one of the world's largest energy companies, thinks consumers in the United States should be prepared for a shock when they get home heating bills this winter. Read more »   US annual inflation eased last month but remains stubbornly high US inflation cooled off in August for the second-straight month but remained stubbornly high, according to data from the Bureau of Labor Statistics released Tuesday. Read more »   Russia's retreat in Ukraine won't save Europe from recession this winter Ukrainian troops have launched a stunning offensive in recent days, recapturing roughly 2,300 square miles of their country's territory with a speed that could force Russian President Vladimir Putin to reconsider his strategy and objectives in the six-month-old war. Read more »   The Fed is fighting inflation. Could deflation be its next battle? Federal Reserve Chairman Jerome Powell has a big problem, and he can't do anything about it. Read more »

Dow Nasdaq S&P -1,276.37   -632.84   -177.72 31,104.97   11,633.57   3,932.69 -3.94%   -5.16%   -4.32% YTD -14.40%   YTD -25.64%   YTD -17.49%

Biggest Winners Corteva Inc +0.87%   Twitter Inc +0.80%   CF Industries Holdings Inc +0.67%   Albemarle Corp +0.38% Biggest Losers Eastman Chemical Co -11.34%   Lumen Technologies Inc -9.14%   Generac Holdings Inc -8.40%   Whirlpool Corp -8.35%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $87.57 -0.21 / -0.24% Gold $1,712.70 -27.90 / -1.60% 10-yr 3.42% +0.06 Euro $1.00 -0.02 / -1.57%

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