Steep oil prices are causing concerns about inflation, which is affecting market performance. This is happening ahead of the release of the Consumer Price Index, or CPI.

As a result, Wall Street is experiencing a decline. The relationship between oil prices and inflation concerns is a key factor in this development.

Further details about the current market situation and its potential implications are available from marketscreener.com, which is reporting on the impact of oil prices on Wall Street and the upcoming CPI release.