It appeared that after Wednesday's announcement from the Federal Reserve, investors might have gotten over their concerns about inflation and its potential impact on growth stocks. Instead, market volatility returned to Wall Street on Thursday, and it hit the Nasdaq Composite (NASDAQINDEX: ^IXIC) especially hard. As of 12:30 p.m. ET, the Nasdaq was down 286 points, or nearly 2%. Read More...
It appeared that after Wednesday’s announcement from the Federal Reserve, investors might have gotten over their concerns about inflation and its potential impact on growth stocks. Instead, market volatility returned to Wall Street on Thursday, and it hit the Nasdaq Composite (NASDAQINDEX: ^IXIC) especially hard. As of 12:30 p.m. ET, the Nasdaq was down 286 points, or nearly 2%.