Why Is the Stock Market Down Today? Dow Sinks as Inflation Soars.
Text size The Federal Reserve under Jerome Powell is expected to continue raising interest rates. Olivier Douliery/AFP via Getty Images The stock market was sinking after inflation came in hotter-than-expected in June. The Dow Jones Industrial Average has declined 334.83 points, or 1.1%, while the S&P 500 has fallen 1.4%, and the Nasdaq Composite futures … Read more