Dow falls 700 points to new 2026 low as inflation fears rise, Fed keeps rates steady: Live updates

[nitpicked]

https://www.cnbc.com/2026/03/17/stock-market-today-live-updates.html

Stocks sold off on Wednesday after new U.S. economic data as well as comments from the Federal Reserve chief stoked concerns about persistent inflation in the country. The Dow Jones Industrial Average lost 714 points, or 1.5%, reaching a new low for the year. The S&P 500 fell 1.2%, while the Nasdaq Composite dropped 1.3%.

The Fed kept its fed funds rate in a range between 3.5% to 3.75%, saying in its post-meeting statement that the “implications of developments in the Middle East for the U.S. economy are uncertain.”
(snip)

The producer price index — which tracks the change in wholesale prices — rose 0.7% in February, well above the 0.3% that economists polled by Dow Jones had estimated. The report shows that inflation was already in a precarious spot prior to the Iran war breaking out — an event that has heightened stagflation fears amid rising oil prices.
(snip)

[nitpicked]

1. Let's see if the dipbuyers run back in

By the end of the day? The week?

[nitpicked]

5. Not today

Close:
DOW 46225
NAS 22152
S&P 6624

[Johnny2X2X]

2. DOW has averaged +10.4% a year the last 30 years.

10.4%, that would be average returns.

This moment, the DOW has went up 4.1% since Trump took office, that's almost 14 months. Just terrible returns. There are high yield savings accounts that saw better returns.

"But the DOW is over 50,000..."

Investors are struggling under Trump, like everyone and everything else.

[bucolic_frolic]

3. ETFs and mutual funds of the generic, indexed variety have been whacked for 2-1/2 weeks

Of course AI and Tech started faltering in late January.

Uncertainty is all around - the war, oil, elections, AI, stagflation, interest rates, trade, fertilizer. And it's global.

No one knows the next move.

[dweller]

4. Trumpflation

make it stick to him HARD until he feels it in his bones



✌🏻