U.S. Stock Markets Crashed This Thursday

A trader works on the floor of the New York Stock Exchange on Thursday  

Daily Mail: Dow plunges 1,000 points in its worst day since 2020 COVID crash: Investors panic as signs of MORE inflation spur fears that Fed will fail to make a 'soft landing' on rate hikes 

* The Dow plunged more than 1,000 points at the closing bell on Thursday 

* Wall Street gave up huge gains from a rally after Wednesday's Fed meeting 

* Higher crude prices and new productivity data pointed to further inflation 

* Markets appear skeptical that Fed can guide economy to a 'soft landing' 

Wall Street closed sharply lower on Thursday, as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike would not be enough to tame soaring inflation. 

At the closing bell, the Dow Jones Industrial average was down 1,093 points, or 3.12 percent, it its biggest one-day point drop since the onset of the COVID-19 pandemic in March 2020. 

The S&P 500 was down 3.56 percent, and the tech-heavy Nasdaq led the day's losses, plunging 4.99 percent.  

Read more ...  

WNU Editor: It looks like Friday is going to be another bad day .... Dow Jones Futures: Stocks Plunge As Treasury Yields Soar In Delayed Fed Reaction (Investors Business Daily). More here .... Hong Kong’s Hang Seng index drops more than 2% as Asia stocks fall following Wall Street tumble (CNBC). 

U.S. Stock Markets Crashed This Thursday  

Stocks slump 3% as worries grow over higher interest rates -- AP  

Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5% -- CNBC 

Stock carnage: Dow drops 1,063 points, Nasdaq off 5%, S&P down 3.5% -- FOX News  

Dow plunges 1,000 points as Wall Street reverses post-Fed rally -- The Hill  

Dow plunges more than 1,000 points in Wall Street's worst day of the year -- CNN