Stocks Take Biggest Hit of the Year
U.S. stocks fell sharply Friday, wrapping up their worst week of 2023, after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in prices last month.
fell by 336.99 points, or 1.0%, to end at 32,816. The S&P 500
dropped 1% to close at 3,970. The Nasdaq
slid 1.7% to end at 11,395. Good time to buy? (Full Story)