Dow tumbles 2% in worsening sell-off on interest rate worries
Wall Street shares tumbled similarly Friday afternoon on rising angst over the Federal Reserve’s plan to aggressively counter inflation with higher interest costs. Near 1830 GMT, the Dow Jones Industrial Average changed down 2.0 percent at 34,088.51. The extensive-based totally S&P 500 fell 2.1 percent to four,303.06, even as the tech-rich Nasdaq Composite Index shed … Read more