Wholesale Prices Drop, Stoking Inflation and Market Worries
- Wholesale prices fell in latest report, sparking worries about slowing inflation
- Decline could cause Fed's preferred PCE inflation gauge to drop below 3% target
- Stock market fell nearly 200 points amid earnings and inflation concerns
- S&P 500 closed Thursday just below all-time record high
- Investors weighing latest data against strength of economy and earnings