Dow craters 1,200 points, S&P 500 loses 4% after hotter-than-expected inflation data The Labor Department said Tuesday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 8.3% in August from a year ago. Prices climbed 0.1% in the one-month period from July. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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