Dow Jones Falls Over 570 Points From Highs Despite Softer Inflation
US stock indices reversed sharply from day's highs Wednesday, September 30, with the Dow Jones ending down 450 points, despite a softer-than-expected August inflation print that reduced the probability of a Fed rate hike in October.
Benchmark indices on Wall Street reversed sharply from their highs on Wednesday, September 30, despite a softer-than-expected August inflation reading that further reduced the probability of the US Federal Reserve raising interest rates in October. The Dow Jones finished down 450 p…