Today’s Market Recap:Renewed Inflation Fears Weigh on US Stocks, Walmart Sinks 9%, Bitcoin Breaks $72,000
TradingKey - The impact of Bessent’s intervention in the bond market faded, while Trump’s threat of sanctions against Iran pushed up oil prices and reignited inflation concerns.
At the close, the Dow Jones Industrial Average fell 1.32% to 52,759.21; the Nasdaq Composite Index dropped 1.00% to 26,06
TradingKeyFri, Aug 21