Dow drops 1,100 points for its biggest decline since 2020 as the sell-off this year on Wall Street intensifies
Wall Street ends sharply lower as Target and growth stocks sink
Wall Street ended sharply lower on Wednesday, with Target losing around a quarter of its stock market value and highlighting worries about the U.S. economy after the retailer became the latest victim of surging prices.
Dow Tumbles 1,160 Points In Worst Trading Day Since June 2020
MIAMI (CBSMiami/CNN) — The old joke goes like this: Two friends are at a resort and one says, “The food here is really terrible.” The other replies, “And the portions are so small!” Today, it’s investors who dislike the taste of the Federal Reserve’s interest rate hikes — but seemingly want more anyway.Markets have plummeted over the past month as the Federal Reserve telegraphed that it would regularly hike interest rates by half a percentage po…
Dow tumbles 1,160 points in worst trading day since June 2020 | CNN Business
The old joke goes like this: Two friends are at a resort and one says, "The food here is really terrible." The other replies, "And the portions are so small!" Today, it's investors who dislike the taste of the Federal Reserve's interest rate hikes — but seemingly want more anyway.