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Stocks Skid After Disappointing Retailer Earnings

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Consumer stocks led a selloff in the broader market as retailers warned of higher costs denting profits. The Dow fell more than 800 points midday.

Markets have been looking increasingly shaky recently: Stocks, bonds and crypto have all been falling as investors struggle to manage the large swings roiling financial markets around the globe. WSJ’s Caitlin McCabe looks at some of the causes behind the recent market frenzy. Photo: Spencer Platt/Getty ImagesU.S.

The Dow Jones Industrial Average fell more than 800 points in early afternoon trading, down about 2.5%. The S&P 500 dropped 3%, and the tech-focused Nasdaq Composite receded 3.5%. All three indexes are on pace for their worst days in more than a week. Technology shares had

 

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Key words 'denting profits'. All about the almighty dollar to those who have the most.

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