Stocks Fall After Rising Inflation Data; Nasdaq Steady, Oil Rises on Tight Supply
• Stocks wobbled after hotter-than-expected wholesale inflation data ahead of next week's Fed meeting
• S&P 500, Dow slid while Nasdaq traded around flatline; Nvidia, Tesla shares declined
• Oil extended gains, with WTI nearing $81 on falling inventories and drone attacks on Russian refineries
• Stocks opened higher but quickly turned negative on hot 0.6% PPI print versus 0.3% estimate
• Retail sales rebounded 0.6% in February after steep 1.1% decline in January, missing estimates