US Inflation Surges to 4.2%: Dow Plunges 950 Points as Energy Costs Spike US inflation 4.2% May 2026 : BLS reported a 4.2% annual CPI rise, with energy up 23.5% and over 60% of the monthly increase. The Dow fell 953 points, while the Federal Reserve later held rates unchang... Dow Jones Stock Market US Inflation 20-Aug-2026 0 351