Stock Market Today: Dow Sinks On Hot Inflation; Nvidia Dives On OpenAI Deal (Live Coverage)

The Dow Jones Industrial Average experienced a significant decline today following hotter-than-expected inflation data, raising concerns about continued aggressive monetary policy from the Federal Reserve. Adding to market woes, Nvidia's stock plummeted after news surfaced regarding a potential OpenAI deal, suggesting increased competition or a disruption in current chip supply dynamics. Investors are closely watching upcoming inflation reports and central bank commentary for clues on future interest rate trajectories, which will significantly impact growth stocks and overall market sentiment.