US stocks sink to lowest in a year

Jun 16th 2022 1:00pm EDT

The market drops to bear territory following the Federal Reserve’s historic rate hike US stocks plummeted on Thursday, with the Dow Jones Industrial Average falling 700 points below 30,000 for the first time in more than a year. The S&P 500 index slid 3.2%, while the Nasdaq Composite plunged 4%. They are now both in […]

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