Stock market news today: Dow and S&P 500 updates

The situation on Wall Street was ugly midmorning Tuesday, as investors grew increasingly nervous about the prospect of even higher rate hikes that could last for a longer period of time.

Inflation simply won't go away. Economists expected prices would fall very slightly in August as gas prices have dropped for 91 straight days. Instead, pricesAlready, the Fed has raised rates by a historic half point and then twice by three quarters of a point. Now a full point is on the table for this month , and the market fears the Fed may have to keep raising rates by historic amounts until it slows price gains -- with hiring, the stock market and the economy as collateral damage.

Plan on covering gas prices going down everyday or worse inflation in other countries?

I don’t watch your network anymore.

Lol only shocked the people that believe the garbage coming out of the white house

i don’t even watch stocks n i knew this was gonna happen

Why are corporations experiencing record breaking profits off the backs of employees and consumers.

Good thing stocks aren’t real.

Ghanaian media will not see this type of stories

Yep!

Thanks Joe Biden.

Sorry Jack, don’t care to here what you have to say anymore.

yall chill you havent even had a circuit breaker yet that was only about %5. Theres still a few legs down before an epic rally. FYI Nvda still sucks and has a few more bucks down but its still a good buy especially when they acquire a certain company.

All while Biden keeps sending Billions to Ukraine 🤣🤣🤣

TheDemocrats

It's the Russians, fault, everything is always the Russians fault according to Joe Biden.

Skyrocketing grocery, utility bills. The American people are struggling as Joe Biden holds a celebration ceremony on his failed Inflation Reduction Act Completely tone deaf WorstPresidentEver

Great News!Karma...leave our Queen to Rest in Peace You havent even managed to get a woman President in the last 70 years! And you re identity politics are all u have..joke🇬🇧🇬🇧🇬🇧🇬🇧🇬🇧🇬🇧

Inflation production act working already thanks potato head

Oh no the poor rich people 😢

I am sure they will find a way to push blame to Trump...He does deserve some, but this is LARGELY on Biden and Nancy.

So the Inflation Bill that won’t lower Inflation is being celebrated today and Ppl with a 401K just lost a bundle today but Dems are going to win in November? I think not. Inflation was up last Month with CPI up again today. Not Flat. So you guessed wrong again Pres.Biden.

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STOCK MARKET NEWS: Stocks plunge as inflation rises 8.3% in AugustThe major U.S. stock averages opened lower after a government report on consumer prices showed higher than expected inflation. Declining gasoline prices were offset by gains in the costs of rent and food, giving cover for the Federal Reserve to deliver another hefty interest rate increase next Wednesday. Core CPI rose to annualized rate of 6.3%. The Dow Jones Industrial Average fell 374.84 points, or 1.16%, at the open to 32,006.50. The S&P 500 opened lower by 73.29 points, or 1.78%, at 4,037.12, while the Nasdaq Composite dropped 357.60 points, or 2.92%, to 11,908.81 at the opening bell. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Sleepy’s America For the peasants While Joe Biden celebrates!
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