Stocks Slip After Fed Minutes and Inflation Data

U.S. stocks slipped Wednesday in the wake of new inflation data and the release of the minutes of the September meeting of the Federal Reserve’s rate-setting board.11.81 points, or 0.3%, to 3577.03, a nearly two-year low.

The Dow Jones Industrial Average lost 28.34 points, or 0.1%, closing at 29210.85. The Nasdaq Composite dropped 9.09 points, or 0.1%, to 10417.10, a day after the tech-heavy index entered its second bear market of 2022, marking a drop of more than 20% from its recent high on Aug. 15.

Nothing new. It was expected

The world is on the verge of social and economic collapse. Why would anyone want to invest in anything when there is no future.

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