Stocks under pressure with Oil and Inflation data

The S&P 500 snapped a four-day winning streak, ending down 0.9%, or 13.21 points, at 1413.42, off 3.7% on the year. It was led Tuesday by a 2.5% slide in its financial sector. Shares of banks and brokerages came under pressure after a widely followed analyst said that the worst of the credit crisis may be yet to come and that firms would have to take more drastic measures to shore up their balance sheets against further losses.
Other commodities followed crude's lead higher. The broad Dow Jones-AIG Commodity Index was up 1.2%, or 2.609 points, at 217.102.The VIX (Options Volatility Index), was also higher Tuesday, up 3.8%, or 0.62 point, at 17.63.
Read more at WSJ

"The Dow Jones Industrial Average rallied 11.2% from its early-March lows to May 2, but it's down 1.8% since, including a 1.5% slide today."