 The S&P 500 was down 49. Inflation pressures eased in June. The Consumer Price Index, which measures the cost of goods and services across the economy, falling slightly from May and prices from last June up 3%. The IRS says it collected a billion dollars in back taxes from high wealth tax cheats. The tax agency says it used funding from the Biden administration's Inflation Reduction Act, signed into law in 2022 to beef up enforcement.