Dow Jones down 149 points as investors weigh inflation and interest rate concerns
The Dow Jones Industrial Average fell 149 (0,43%) points today, as investors weighed inflation and interest rate concerns. The S&P 500 and Nasdaq Composite also fell, with the S&P down 0.93% and the Nasdaq down 1.03%.
The sell-off came as investors continued to worry about inflation, which is at a 40-year high. They are also concerned about the Federal Reserve's plans to raise interest rates to combat inflation.