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Dow drops 500 points as inflation and debt ceiling fears rattle investors

Dow drops 500 points as inflation and debt ceiling fears rattle investors

The US stock market is taking it on the chin again Tuesday, plummeting on worries over sustained high inflation and the ongoing debt ceiling debate in Washington.
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Dow drops 500 points as inflation and debt ceiling fears rattle investors
The US stock market is taking it on the chin again Tuesday, plummeting on worries over sustained high inflation and the ongoing debt ceiling debate in Washington. Read more »
 
US government will run out of money by October 18, Treasury secretary says
Treasury Secretary Janet Yellen warned lawmakers that the federal government will likely run out of cash and extraordinary measures by October 18 unless Congress raises the debt ceiling. Read more »
 
Elizabeth Warren will oppose Fed Chair Powell's renomination, calls him 'dangerous man' to lead Fed
Democratic Senator Elizabeth Warren announced Tuesday that she will oppose Federal Reserve Chairman Jerome Powell's renomination, making her the highest-profile lawmaker to do so. Read more »
 
Home heating sticker shock: The cost of natural gas is up 180%
Americans should brace for sticker shock on home heating costs as temperatures drop this fall and winter. Read more »
 
The energy crunch is roiling markets
Energy prices are skyrocketing around the world, with major consequences for markets as investors worry about the state of the economic recovery. Read more »
 
Automakers' problems are much worse than we thought
For a year and a half, a lack of computer chips has been plaguing the auto industry, forcing plants to shut down, delaying auto shipments and sending car prices through the roof. But that's not the only problem automakers face. Read more »
 
 
 
 
Dow Nasdaq S&P
-569.38   -423.29   -90.48
34,299.99   14,546.68   4,352.63
-1.63%   -2.83%   -2.04%
YTD +12.07%   YTD +12.87%   YTD +15.88%
 
Biggest Winners
Schlumberger NV +2.38%
 
Conocophillips +1.63%
 
Hewlett Packard Enterprise Co +1.29%
 
Newmont Corporation +1.26%
Biggest Losers
MSCI Inc -6.40%
 
ServiceNow Inc -5.70%
 
Keysight Technologies Inc -5.05%
 
IHS Markit Ltd -5.05%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $74.29 -1.16 / -1.54%
Gold $1,733.80 -18.20 / -1.04%
10-yr 1.53% +0.05
Euro $1.17 -0.00 / -0.12%
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