Stock market news live updates: Stocks fall sharply as Wall Street gears up for inflation data

Financial

U.S. stocks plunged Thursday as angst grew on Wall Street over key inflation data due out Friday. The S&P 500 tumbled 2.4%, and the Dow Jones Industrial Average shed 640 points, or 1.9%. The Nasdaq Composite slid 2.8.%. The greater share of losses came in the final hour of trading as selling accelerated into the…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Houston mill closure heralds passing bell of forest industry
Business stable for Canoe Forest Products in Salmon Arm despite some industry closures
Stocks rise on Wall Street following signs of easing inflation
Top 10 Markets With the Biggest Increase of Homes for Sale in 2023
Fed announces smallest interest hike in a year as inflation ‘eases somewhat’