Stock Market Today: Dow Slumps as Growth Suffers Beatdown; Inflation Data Eyed
( 해외선물 대여계좌 ) 코인선물 — The Dow slumped Thursday, as investors abandoned growth sectors of the market ahead of an inflation report due Friday that will factor into the Federal Reserve’s plan on the pace of monetary policy tightening. The Dow Jones Industrial Average slipped 1.9%, or 638 points, the Nasdaq was down 2.8%, and the S&P 500 fell 2.4%. Growth stocks continue to pile on the pressure, led by Netflix (NASDAQ:NFLX) and Meta Platforms Inc (NASDAQ:META), with the latter enduring a downbeat start to life under its new ticker “META.” Rising Treasury yields continue to cast doubt on growth areas of the market including big tech as investors await inflation data due Friday that will filter into the Fed’s thinking about the path of rate hikes. “They need more data…the CPI for June and for July will help the Fed get real clarity as to what’s going to happen with inflation,” Robert Conzo, CEO of The Wealth Alliance told Investing.com in an interview on Thursday. Economists expect