Stock Market News Live Updates: Dow Drops 800 Points as Post-Fed Rally Fades - The Wall Street Journal


6/16/2022 12:00:00 AM2 years 10 months ago
by Sam Goldfarb, Will Horner, Dan Molinski, Orla McCaffrey, Jessica Fleetham, Bryan Mena, Akane Otani

Full coverage of markets, a day after the Federal Reserve approved its biggest interest-rate increase since 1994.

Investors dumped U.S. government bonds overnight but are now piling back in as they look to shelter from a sharp decline in stock prices. In recent trading, the yield on the benchmark 10-year U.S. T… [+1121 chars]

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