US Stocks Plunge Amid Inflation Fears and Rate Hike Concerns
U.S. stocks tumbled sharply in today’s trading session, with major indices posting their steepest declines in months. The Dow Jones Industrial Average plummeted over 800 points (-2.3%), while the S&P 500 and Nasdaq Composite dropped 2.8% and 3.5%, respectively, as investors grappled with renewed worries about inflation and aggressive Federal Reserve policy.
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