Stock market news live updates: Stocks fall as inflation concerns persist

U.S. stocks dropped on Wednesday, with the S&P 500 and Dow giving back gains after rising for back-to-back sessions.The S&P 500 fell over 1% on Wednesday, while the Dow and S&P 500 both lost more than 0.7%. The small-cap Russell 2000 was the day’s biggest laggard, falling over 1.5% at session lows. All three major…