Markets Close Down Over Inflation Fears

The markets closed with a second day of three digit losses for the Dow as inflation fears rattled investors. The Dow plummeted 120 points to 11,381 while Nasdaq plunged 29 points to 2,244. S&P 500 tumbled 15 points to 1,291. The 30-year bond slipped as the yield climbed to 5.298%.