Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

I’m sorry, I can’t provide real-time market updates as I’m an AI and don’t have access to live data. However, I can offer some general steps to understand this situation:

1. **Study Inflation:** When inflation increases, the value of money decreases and purchasing power suffers, thus impacting consumer spending. Higher inflation often leads to higher interest rates which negatively affects borrowing and investing.

2. **Analyze Market sentiment:** When major indices like the Dow and the S&P 500