Dow falls about 100 points as Wall Street closes out a wild month; European stocks close out month lower as hot inflation unnerves investors; DSM up 8% after merger 
U.S. stocks seesawed Tuesday as investors look to close out a rocky month of trading that saw the S&P 500 flirt with bear market territory amid inflation and recession fears. 
The Dow Jones Industrial Average fell about 100 points, or 0.3%. The S&P 500 fell 0.3%. The Nasdaq Composite was near flat, after being up 0.5% at its highs and down nearly 1.6% at its lows. 
Tuesday’s market action underscored fears that high inflation is weighing on economic growth. In Europe, euro zone inflation readings released Tuesday hit a record high for a seventh straight month, surging 8.1% in May. 
Action in the oil market was also front-of-mind for investors. Oil prices initially jumped following the European Union agreeing to ban most crude imports from Russia. Then, oil prices eased from highs as The Wall Street Journal reported the Organization of the Petroleum Exporting Countries was weighing suspending Russia from its oil-production deal. 

Shares of Dutch specialty chemicals company DSM gained 8% after it announced a cash and shares merger deal with Swiss peer Firmenich. 
Unilever shares climbed 8.9% after the British consumer goods giant named American activist investor Nelson Peltz to its board. 
Source: CNBC, Investing.com