"Market Volatility: Stocks Plunge, Bond Yields Surge Amid Steady CPI Inflation"

Stocks ended lower, breaking a four-day winning streak, as bond yields rose and investors analyzed an inflation report showing steady headline inflation but cooling in some areas tracked by the Federal Reserve. The Dow Jones Industrial Average dropped 0.5%, the S&P 500 fell 0.6%, and the Nasdaq Composite was down 0.6%. In other news, Taylor Swift's concert film "The Eras Tour" debuted to rave reviews, Disney hiked streaming prices, mortgage rates edged higher, and the United Auto Workers extended their strike at Ford's Kentucky Truck Plant.