Dow Jones Industrial Average Drops Over 200 Points Following Release of FOMC Minutes

Reported 5 months ago

The Dow Jones Industrial Average fell by over 200 points due to concerns raised by the Federal Open Market Committee (FOMC) regarding policy tightening if inflation data does not improve. Market performance for all major averages was down with warnings of Nvidia's upcoming earnings report. Sector winners included tech and health care while oil, home builders, cannabis, and gambling sectors experienced setbacks. Notable movements included chip maker Nvidia and various ETFs in different industries.

Source: YAHOO

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