S&P 500, Nasdaq post worst day in month after strong data fuels worry about Fed rate hikes
The S&P 500 and Nasdaq Composite indexes recorded their worst day in almost a month on Monday, after a hotter-than-expected U.S. services-sector reading fueled concerns that the Federal Reserve may need to be even more aggressive in its inflation battle. How stocks traded The Dow Jones Industrial Average DJIA, -0.26% finished down 482.78 points, or … Read more