Economy / Finance

Dow Falls as Traders Brace for New Inflation Data


Stock market today: Dow falls 375 points as traders brace for new inflation data after weak GDP Slowing growth and high inflation is a tough scenario for the economy and has led to “stagflation” in previous eras, like the 1970s.  US stocks tumbled after the first-quarter GDP report on Thursday.  Economic growth slowed to 1.6% in the first three months of the year, badly missing expectations.  Commentators pointed out that the data was still mostly strong but inflation is problematic.  Stocks fell on Thursday, with the Dow Jones Industrial Average losing 375 points as the market took in weaker-than-expected economic data. Growth slowed…

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Investors are Worried about Inflation Weakening the Economy

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