U.S. stocks fell sharply Wednesday after stronger-than-expected inflation data and a cautious tone from the Federal Reserve dampened hopes for interest rate cuts. The Dow Jones Industrial Average dropped 768 points, or 1.6%, while the $S&P 500(.SPX)$ declined 1.4%. The Nasdaq Composite fell 1.5%. All 11 sectors in the S&P 500 closed in negative territory, highlighting the breadth of the selloff. Top Gainer: $LyondellBasell Industries NV(LYB)$ (+5.6%). Biggest Decliner: $Carvana Co.(CVNA)$ (-7.5%) Best Sector: Energy (-0.2%). Worst Sector: Consumer Staples (-2.4%). Inflation Surprise Sparks Early Selloff Markets initially turned lower after the latest Produ