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‘FOMO’ Rally Over: Dow Falls 700 Points—Biggest Plunge Of 2023

Por: Forbes Business February 22, 2023

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Updated Feb 21, 2023, 04:02pm ESTTopline Subpar profit outlooks from two of the nation’s largest 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. Stocks slid Tuesday after Home Depot and Walmart reported earnings and bond yields rose.Getty Images Key Facts The Dow Jones Industrial Average fell 700 points, or 2.1%, its largest daily... + full article



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