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.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open lower after hotter-than-expected producer price inflation dataU.S. stocks opened lower on Wednesday after erasing their premarket gains as data showed producer-price inflation accelerated more quickly than expected last...
Source: MarketWatch - 🏆 3. / 97 Read more »

Asian Stock Market: Bears dominate at 2.5-year low amid sluggish yields, recession woesAsian Stock Market: Bears dominate at 2.5-year low amid sluggish yields, recession woes – by anilpanchal7 Asia Equities RiskAppetite CentralBanks Recession
Source: FXStreetNews - 🏆 14. / 72 Read more »