A huge jump in wholesale prices sent stocks falling in the United States today as investors worried that rising oil prices were starting to take a toll on the overall economy.

Another jump in oil prices pre-empted a strong rally on Wall Street today, though stocks managed to post modest gains on the strength of the latest consumer price report, which put many investors’ inflation fears to rest for the near term.

Wall Street ended a mostly indecisive session with modest gains today as investors, still uneasy about stocks’ high prices, hesitated to extend the previous session’s huge rally.