Inflation fears from rising energy prices are causing equity markets to reverse early gains and decline

"The Dow Jones Industrial Average suffered another dramatic selloff Wednesday, dropping more than 1,000 points after the Federal Reserve left interest rates unchanged while oil prices climbed toward $85 a barrel, reigniting concerns that inflationary pressures could remain elevated."

"The Dow Jones gave up nearly 600 points from the highs of the session to end with losses of over 300 points...on fears of higher energy prices stoking inflation fears once again"