Wall Street suffers worst day of 2023 ...News

The Dow and S&P experienced their steepest declines in two months amid a broader stock market selloff US stock markets suffered extended losses on Tuesday, as investors brace for further key interest rate hikes by the Federal Reserve, following the most recent data on inflation and an unfavorable retail outlook. According to trading data, the Dow Jones Industrial Average closed nearly 700 points down at 33,129, dropping 2.06% in its worst downturn since December 15. The S&P 500 fell 2%, also its biggest decline since December 15, to close at 3,997. All indices ended lower, while consumer discretionary stocks suffe

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