Wall Street falls, panicked by the stubbornness of inflation

2022-09-13T20:20:43.255Z

The Dow Jones notably dropped 3.94%. The New York Stock Exchange ended sharply lower on Tuesday, in a market devastated by a higher-than-expected US inflation indicator, which dampened the optimism of recent days and suggests even more brutal monetary tightening than expected. . Read alsoWorld stock markets slow down sharply after US inflation The Dow Jones dropped 3.94%, the Nasdaq index, 5.16%, and the broader S&P 500 index, 4.32