Wall Street posts worst day of 2023 on higher-for-longer rate fears By Reuters

📆 2023/02/22 9:09:00

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📆 2023/02/22 9:09:00
📰 Investingcom

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⚠️BREAKING: *DOW ENDS DOWN NEARLY 700 POINTS AS U.S. STOCKS TUMBLE AMID FADING HOPES FOR FED PIVOT - $DIA $SPY $QQQ 🇺🇸🇺🇸

, it was their third session in a row closing lower, while the decline in the Dow Jones Industrial wiped out its gains for 2023.

The report added to a recent slew of economic data which has painted a picture of a resilient economy, which continues to perform against a backdrop of multiple rate-rises by the central bank in 2022 aimed at tamping down inflation.

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