U.S. Stock Indexes Drop More Than 3% - Adviser Investments

U.S. Stock Indexes Drop More Than 3%

Rick Winters, vice president at Adviser Investments, has the market analysis for Wednesday, October 10. All major U.S. stock indexes fell sharply, with the Dow Jones Industrial Average, S&P 500 and NASDAQ down 3.2%, 3.3% and 4.1%, respectively. A number of investor concerns—rising bond yields, inflation and interest rates, mid-term election strife and ongoing tariff negotiations—contributed to today’s broad sell-off. Tomorrow, we’ll see updated economic data from the U.S. Bureau of Labor Statistics’ Consumer Price Index and the Labor Department’s jobless claims report.

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