Tag: 40Year

Dow falls 700 points, Nasdaq drops nearly 3% after inflation reading hits 40-year high

Stocks dropped on Friday morning after a highly anticipated inflation report showed a faster-than-expected rise in prices.The Dow Jones Industrial Average shed 755 points, or 2.3%. The S&P 500 fell 2.5%, while Nasdaq...

Dollar Edges Higher; U.K. Inflation Soars to 40-Year Highs By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Wednesday, rebounding after overnight losses, while sterling weakened after U.K. inflation soared in April. At 3:50 AM ET (0750...

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