NEW YORK, March 23 (Xinhua)-- U.S. stocks sank on Wednesday as a spike in oil prices fueled fears about higher inflation.
The Dow Jones Industrial Average fell 448.96 points, or 1.29 percent, to 34,358.50. The S&P 500 decreased 55.37 points, or 1.23 percent, to 4,456.24. The Nasdaq Composite Index was down 186.22 points, or 1.32 percent, to 13,922.60.
