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Wall Street tumbles, Dow loses 697 on fears about high rates

Por: Associated Press Business February 22, 2023

NEW YORK (AP) — Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 2% for its sharpest drop since the market was selling off in December. The Dow Jones Industrial Average lost 697 points, or 2.1%, while the Nasdaq composite sank 2.5%. fell to one of the market’s larger losses after giving financial forecasts... + full article



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