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Stock market today: Wall Street falls after hot inflation report burns hopes for a June rate cut
![Peter Morgan People walk past the New York Stock Exchange Wednesday, April 10, 2024 in New York. Wall Street marched higher ahead of the government's update on U.S. inflation which could play into the Federal Reserve's next interest rate decision. (AP Photo/Peter Morgan)](https://mapi.associatedpress.com/v2/items/a9b8bf560c9a4bebb1e912aa28af7f32/preview/preview.jpg?s=680x)
People walk past the New York Stock Exchange Wednesday, April 10, 2024 in New York. Wall Street marched higher ahead of the government's update on U.S. inflation which could play into the Federal Reserve's next interest rate decision. (AP Photo/Peter Morgan)
![Eugene Hoshiko A photographer takes photos of an electronic board showing Japan's yen and U.S. dollar exchange rate at a securities firm Thursday, April 11, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)](https://mapi.associatedpress.com/v2/items/06a5bdd83d11405684c45ad558af1f60/preview/preview.jpg?s=680x)
A photographer takes photos of an electronic board showing Japan's yen and U.S. dollar exchange rate at a securities firm Thursday, April 11, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)
![Eugene Hoshiko People walk past an electronic stock board showing Japan's stock prices at a securities firm Thursday, April 11, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)](https://mapi.associatedpress.com/v2/items/c6defad566534131a827c21792fc0344/preview/preview.jpg?s=680x)
People walk past an electronic stock board showing Japan's stock prices at a securities firm Thursday, April 11, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)
![Eugene Hoshiko A person walks past an electronic stock board showing Japan's stock prices at a securities firm Thursday, April 11, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)](https://mapi.associatedpress.com/v2/items/bd969fe30f734439ac3de513e21e01f2/preview/preview.jpg?s=680x)
A person walks past an electronic stock board showing Japan's stock prices at a securities firm Thursday, April 11, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)