Topline
Major stock indexes are on pace for their worst day in months as investors once again sell off in anticipation of further restrictive policy from the Federal Reserve as the central bank’s effort to cool the U.S. economy hit further road bumps.
Key Facts
The Dow Jones Industrial Average tanked 500 points, or 1.5%, by 11:30 a.m. ET, while the S&P 500 and tech-heavy Nasdaq slid 1.3% and 1.5%, respectively.
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