"Inflation concerns trigger stock market slide: Latest updates"

Stocks fell on Wall Street as concerns about inflation revived, leading to doubts that the Federal Reserve will cut interest rates soon. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced losses. Rising oil prices and downbeat data from Europe and China also contributed to worries about inflation and crumbling demand. Additionally, Roku's stock soared after the company announced cost-cutting measures, including layoffs, and raised its guidance for the third quarter.