k@Daveforceone:Stocks fell on Wednesday, dialing back earlier gains as investors continued to digest the latest U.S. inflation data. Expect volatility and trade with care. The Dow Jones Industrial Average fell 326.63 points to 31,834.11, or 1.02%. The S&P 500 slipped 1.65% to 3,935.18, and the Nasdaq Composite dropped 3.18% During the trading session, the S&P 500 touched a new 52-week low of 3,928.82. The broad-market index also closed at its lowest level of the year. The S&P 500 is down more than 18% off its 52-week high and off by more than 17% since the start of 2022.
Stocks fell on Wednesday, dialing back earlier gains as investors continued to digest the latest U.S. inflation data. Expect volatility and trade with care. The Dow Jones Industrial Average fell 326.63 points to 31,834.11, or 1.02%. The S&P 500 slipped 1.65% to 3,935.18, and the Nasdaq Composite dropped 3.18% During the trading session, the S&P 500 touched a new 52-week low of 3,928.82. The broad-market index also closed at its lowest level of the year. The S&P 500 is down more than 18% off its 52-week high and off by more than 17% since the start of 2022.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.