Indices closed in the red zone on Wednesday, June 12, 2019. Stocks such as Chevron, Exxon Mobil and Goldman Sachs led the Dow’s descent. Brands rebounded from session lows amid China trade concerns and other economic news. Department of Labor data, released today, showed inflation increased in May. The Consumer Price Index, ticked up a mere 0.1% last month, versus April’s pace of 0.3%. The May result matched economists’ expectations. On another note, crude oil prices slipped. West Texas Intermediate crude fell 4.2% to settle at $51.01 a barrel.