The Labor Department said consumer prices in April were flat, as economists predicted. Industrial production contracted less than economists expected.
Investors are worried the market's 30 percent rally from its March low has little energy left.
The Dow Jones industrial average is down 62 at 8,268. For the week, the Dow is down 3.6 percent.
The S&P 500 index is down 10 at 883. The Nasdaq composite is down 9 at 1,680.
Two stocks fell for every one that rose on New York Stock Exchange, where volume came to a light 1.5 billion shares.
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