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Dow Sinks Nearly 600 Points As Retail Rut Eats Into 2023’s ‘FOMO’ Rally

Por: Forbes Business February 21, 2023

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Updated Feb 21, 2023, 12:33pm ESTTopline Subpar profit outlooks from two of the largest U.S. retailers fueled a broad decline in stock prices Tuesday, as investors increasingly heed the calls that this year’s rally may be little more than a mirage. Home Depot led Tuesday's stock slump.SOPA Images/LightRocket via Getty Images Key Facts The Dow Jones Industrial Average fell 580 points, or 1.7%, by 12:30 EST, dragged down by Home Depot 6%... + full article



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