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US stocks tumble after Fed rate hike, concerns on economy
Wall Street stocks fell following the US Federal Reserve's continued interest rate hikes to tackle rising inflation, with concern mounting that instability in the banking sector could slow economic activity. The Dow and tech-heavy Nasdaq both ended 1.6% lower, while the S&P 500 shed 1.7%.
Wall Street stocks fell following the US Federal Reserve's continued interest rate hikes to tackle rising inflation, with concern mounting that instability in the banking sector could slow economic activity. The Dow and tech-heavy Nasdaq both ended 1.6% lower, while the S&P 500 shed 1.7%. 
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