U.S. stocks fell by the most in a month as an unexpected higher inflation reading raised fears within the financial markets. In New York, the Dow Jones dropped 240.04 points to 36,079.94, the S&P 500 lost 38.54 points at 4,646.71, while the Nasdaq fell 263.84 to 15,622.70. Canadian equities were also weaker at the close,
U.S. equities climbed higher to set another record after the Federal Reserve signaled monetary policy will remain accommodative while it reduces its massive bond-buying program this month. In New York, the Dow Jones added 104.95 points to 36,157.58, the S&P 500 gained 29.92 points at 4,660.57, while the Nasdaq composite rose 161.98 points to 15,811.58.