Thursday Stock Market Update
The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite fell on Thursday.
- The Dow Jones Industrial Average fell 345.95 points or 1.11 percent, to close at 30,924.14.
- The S&P 500 fell 1.34 percent to close at 3,768.47.
- The Nasdaq Composite fell 2.11 percent to close at 12,723.47.
Markets sold off heavily after Fed chair Jerome Powell insinuated that inflation could be rising.
On Friday keep an eye out for:
- US Nonfarm Payrolls
- US Labor Force Participation Rate