Stocks tanked as investors worried about inflation’s impact on consumer spending.
The selloff on Wall Street intensified by the afternoon: The Dow Jones Industrial Average fell 2.5%, over 800 points, while the S&P 500 lost roughly 3% and the tech-heavy Nasdaq Composite 3.5%.plunged 25%
The news followed a gloomy outlook from Walmart on Tuesday, with the nation’s largest retailer badly missing earnings expectations due to rising costs, causing shares to fall 11% in their largest one-day drop since 1987.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Dow jumps over 300 points after retail sales data as investors await Fed's PowellU.S. stocks were in bounce mode Tuesday as retail sales for April suggested the economy remained healthy and investors awaited remarks by Fed Chairman Jerome Powell.
Leer más »
Dow tumbles 1,160 points in worst trading day since June 2020Dow tumbles over 1,000 points and the S&P 500 is hovering on the precipice of bear market territory as US markets continue downward on inflation fears.
Leer más »
Massive tree falls on Mobile home, causes thousands of dollars in damageArmed with chainsaws and a lot of muscle, family members are working to clean up after a tree came tumbling down Sunday night on Catalina Drive.
Leer más »
How To Access Abortion Now — & If (& When) Roe FallsHere's how to find an abortion clinic near you if necessary, what we can do to protect abortion rights, and more.
Leer más »
Police: Man falls asleep at wheel, takes down several utility poles in East Brunswick, N.J.Police say a driver fell asleep at the wheel and crashed into several utility poles early Tuesday morning in East Brunswick, N.J. Chopper 2 was over the scene.
Leer más »
Raspberry Falls is about more than golfWHERE WE LIVE | The Leesburg, Va., community of 201 single-family homes nestled around the award-winning Raspberry Falls Golf & Hunt Club is beloved by residents for its green spaces, amenities and location.
Leer más »