Dow tumbles 431 points after second hot inflation report All three of the major U.S. stock averages fell over 1% on Thursday after the producer price index (PPI) rose a more-than-expected 6% annually. This follows the 6.4% jump in consumer prices (CPI) earlier this week. Both reinforce that inflation remains red hot which could force the Federal Reserve to be more aggressive with rate hikes. The 10-year Treasury yield rose to 3.842% - the highest level since December. In commodities, oil was little changed at $78.49 per barrel. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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