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11%  
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  • Stock Market News, Sept. 13, 2022: Dow Falls More Than 1200 Points After Inflation Data

    09/13/2022 8:47:36 PM PDT · by SmokingJoe · 7 replies
    WSI ^ | Sep 13 2022 | WSJ
    Today's Coverage The market didn't like what it saw in Tuesday's CPI report--and stocks suffered. How much? The Dow fell nearly 1300 points Tuesday. U.S. stocks fell broadly, while Treasury yields rose, after the latest inflation data came in higher than expected. Read our full daily markets roundup here. The pace of U.S. consumer price inflation cooled compared with previous months, but it remained near a four-decade high. That led investors to sell just about everything. Tuesday's inflation report will help determine the path ahead for interest rates before the next Federal Reserve meeting. Analysts had hoped that Fed officials...