Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 8, 2016.  REUTERS/Brendan McDermid
Traders work on the floor of the NYSE
  • US stocks fell Thursday as an increase in wholesale prices heightened inflation worries. 
  • That followed a higher-than-expected increase in consumer prices. 
  • Fed officials Loretta Mester and James Bullard said further rate hikes are warranted. 

US stocks finished in the red Thursday after hotter-than-expected wholesale price data was followed by two Federal Reserve officials saying they would back upsizing rate hikes to ease inflationary pressures. 

None of the 11 sectors on the S&P 500 rose, with the broad pullback set off by the Labor Department's producer price index report showing a 0.7% increase in January after a 0.2% dip in December.