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Biden economy in tatters. Inflation exploding.
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Joe Shmoe
Feb 16, 2023, 9:00:54 PM2/16/23
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Dow closes 400 points lower as hot inflation report, comments from Fed’s
Bullard raise rate hike fears: Live updates
Stocks fell Thursday after another hot inflation report, and a decline in
jobless claims, showed the economy is holding up amid the Federal
Reserve’s rate hikes.
The Dow Jones Industrial Average shed
431.20 points, or 1.26%, to close at 33,696.85. The S&P 500
dipped 1.38% to 4,090.41, and the Nasdaq Composite
fell 1.78% to close at 11,855.83. Microsoft and Disney contributed the
most to the Dow’s decline, down 2.66% and 3.12% respectively. Tesla shed
5.69% following a vehicle recall, weighing on the S&P 500.
<https://www.cnbc.com/2023/02/15/stock-market-today-live-updates.html>
Bullard raise rate hike fears: Live updates
Stocks fell Thursday after another hot inflation report, and a decline in
jobless claims, showed the economy is holding up amid the Federal
Reserve’s rate hikes.
The Dow Jones Industrial Average shed
431.20 points, or 1.26%, to close at 33,696.85. The S&P 500
dipped 1.38% to 4,090.41, and the Nasdaq Composite
fell 1.78% to close at 11,855.83. Microsoft and Disney contributed the
most to the Dow’s decline, down 2.66% and 3.12% respectively. Tesla shed
5.69% following a vehicle recall, weighing on the S&P 500.
<https://www.cnbc.com/2023/02/15/stock-market-today-live-updates.html>
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