Stock Market Takes a Tumble
Stock Market investors are anxious as the DOW went down more than 1,050 points.
Stock Market investors are anxious as the DOW went down more than 1,050 points. Wall Street is on the edge of it’s seat as the Stock Market took a tumble yesterday, marking the biggest drop in nearly two years. The tumble is attributed to investor’s worries over inflation. Tech stocks, retailers, and banks are the three groups that stand to get hit the hardest. The federal reserve raised interest rates in attempt to get inflation under control. Investor’s believe if the fed continues to raise rates it could inflict serious damage to the US economy in the process.