The Dow Jones Industrial Average (DJIA) is on pace to grapple with a losing week, something the major equity index hasn’t had to do since August.
The Dow Jones shed 350 points, or over 0.8% on Wednesday. Markets have returned to worrying that interest rates will stick higher for longer. Sharp declines in key equities are exacerbating declines. The Dow Jones Industrial Average is on pace to grapple with a losing week, something the major equity index hasn’t had to do since August. The Dow turned further bearish on Wednesday, dropping over 350 points and shedding nearly nine-tenths of one percent from the day’s opening bids.
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