The US stock market experienced a downturn today, with all three major indexes closing lower. Investors reacted to concerns about inflation and potential interest rate hikes by the Federal Reserve. S&P 500, Nasdaq, and Dow Jones Performance The S&P 500 led the decline, falling by 0.90%. The Nasdaq Composite followed closely, decreasing by 0.84%. The Dow Jones Industrial Average saw the steepest drop, closing 1.2% lower. Factors Influencing the Market Rising inflation continues to weigh on investor sentiment. This, coupled with signals from the Federal Reserve indicating a more hawkish monetary policy, contributed to the market's negative performance. Investors are closely watching economic data releases for further clues about the Fed's next move. ```