Dow Jones tumbles as U.S. inflation soars; Apple shares swoon
The Dow Jones Industrial Average on Thursday fell as U.S. inflation reached its highest level since 1982. Apple was among the worst blue chip performers.Michael Larkin for Investor’s Business Daily:Stocks were coming under pressure amid spiraling inflation and a breakdown in Ukraine-Russia cease-fire talks.
Inflation worries were stoked as the consumer price index (CPI) came in at the highest level since the early 1980s. It jumped 7.9% in February vs. the same month a year ago, the biggest
Read more »