Stock Market News Live Updates: Dow, S&P 500 Falter as Post-Fed Rally Fades

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The Dow dropped nearly 600 points, reversing course after a rally following the Fed's rate increase on Wednesday

Krisztian Bocsi/Bloomberg News

Gas prices in the region leaped 18% Thursday to 141.98 euros, or $147.59, a megawatt-hour. Prices have surged 67% over the past week and are more than five times as high as they were a year ago.

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Stocks dip deeper into bear market ahead of big Fed newsWall Street closed mostly lower on Tuesday, a day after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy.
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