Dow Plummets Over 200 Points Post Inflation Report as Major Tech Stocks Falter
The Dow Jones Industrial Average fell by more than 200 points following the release of the latest inflation report. This drop reflects a broader decline in market sentiment, highlighted by the CNN Money Fear and Greed Index, which now rests in the ‘Fear’ zone. Investors are reacting to the potential implications of prolonged inflation on corporate earnings and economic growth. As tech giants also face pressure, the overall market direction remains uncertain in the coming days.
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