Dow Suffers Worst Decline Since 2020 as Fed Signals Sharper Rate Hike

Dow Suffers Worst Decline Since 2020 as Fed Signals Sharper Rate Hike
Flags outside the New York Stock Exchange (NYSE) in New York, on Feb. 24, 2022. Caitlin Ochs/Reuters
Allen Zhong
Allen Zhong
senior writer
|Updated:

New York—The Dow Jones industrial average plummeted more than 900 points on Friday to post its worst daily loss since October 2020.

The blue-chip index lost 981 points, or 2.82 percent, to close at 33,811.

Allen Zhong
Allen Zhong
senior writer
Allen Zhong is a long-time writer and reporter for The Epoch Times. He joined the Epoch Media Group in 2012. His main focus is on U.S. politics. Send him your story ideas: [email protected]
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