Powell comments fuel 1,000-point market rout Friday as stocks slide for a second week

Dow shaved over 1,000 points after Jerome Powell's hawkish Jackson Hole speech

The Nasdaq Composite saw the steepest losses on Friday. It closed down by nearly 4%. The S&P 500 and Dow Jones Industrial Average declined sharply

Stocks plunge, Dow falls 1,000 points after Fed chair’s comments

Stocks are ending sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate hikes in its effort to tame inflation.

Powell comments fuel 1,000-point market rout Friday as stocks slide a second week

The sell-off on Wall Street was broad-based, with just five members of the S&P 500 posting gains on Friday.

Stocks sink after Fed's Powell says rates will stay high

Stocks are ending sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate hikes in its effort to tame inflation

Dow posts 1,000-point drop Friday after Powell warns of pain for households, businesses

The Dow skid 1,008 points on Friday, marking its biggest pullback in more than three months, as stocks sold off sharply after Federal Reserve Chairman Jerome...

Dow plunges 1,000 points after Fed chief Powell warns of inflation ‘pain’

US stock markets nosedive as Jerome Powell says at top bank summit the ‘overarching focus is to bring inflation back down’