Stocks tumble after Fed takes historic action on inflation

News: What you need to know about the markets     Stocks tumble after Fed takes historic action on inflation Read more »   The best cure for high gas prices could be -- high gas prices There's not a lot that Joe Biden, Congress or the Federal Reserve can do to bring down the record high gas prices. High gas prices themselves might do the job for them. Read more »   How to recession proof your portfolio Uber CEO Dara Khosrowshahi said at a Bloomberg event earlier this month that he thinks the ridesharing and food delivery giant is "recession resistant." Read more »   Shoppers are buying less and switching to store brands, Kroger says Decades-high inflation is changing US consumers' grocery habits. Read more »   Which Pixar film has rocketed to the top of the box office? Pixar is one of the most popular brands in animation as well as one of the most important studios in Disney's media kingdom. But it has been a while since audiences could go to a theater to see one of its films. Read more »   Asian markets mostly rise after Fed's rate hike; Hong Kong slips Asian stocks mostly rose Thursday after the Fed got tough on inflation with its biggest rate hike since 1994. But the Hong Kong market slipped after the city hiked its interest rates following the Fed's move. Read more »

Dow Nasdaq S&P -741.46   -453.06   -123.22 29,927.07   10,646.10   3,666.77 -2.42%   -4.08%   -3.25% YTD -17.64%   YTD -31.95%   YTD -23.07%

Biggest Winners Newmont Corporation +3.24%   Walmart Inc +1.04%   Church & Dwight Co Inc +0.86%   General Mills Inc +0.62% Biggest Losers Norwegian Cruise Line Holdings Ltd -11.51%   Royal Caribbean Cruises Ltd -11.41%   Carnival Corp -11.08%   Generac Holdings Inc -9.88%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $116.96 +1.65 / +1.43% Gold $1,859.20 +39.60 / +2.18% 10-yr 3.31% -0.09 Euro $1.05 +0.01 / +0.87%

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