Lumber slumps to four-month lows as inflation hits DIY renovation market (NYSEARCA:XHB)

adventtr/iStock via Getty Images Lumber futures (LB1:COM) fell as much as 8.4% to $870 per 1,000 board feet in Chicago on Monday, hovering near four-month lows and extending a slump to 30% since early March. ETFs: (NYSEARCA:XHB), (WOOD), (CUT), (NAIL) Potentially relevant tickers include (WY), (WFG), (LPX), (PCH), (RFP), (OTCPK:CFPZF), (OTCPK:IFSPF), (OTCPK:WFSTF) Soaring inflation is…