Home Trading Dow Crashes 1200 Points on CPI Data!

Dow Crashes 1200 Points on CPI Data!

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Wall Street was left licking its wounds yesterday after a broad sell-off in its Indices.

CPI data came in hotter than expected as the Dow, S&P, and Nasdaq all fell by over 4%.

The likelihood now grows that the Fed will continue its aggressive policy in the next meeting, with a possible 100 bp hike!

Timestamps
DOW 01:45
XAUUSD 03:15

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The post Dow Crashes 1200 Points on CPI Data! appeared first on Orbex Forex Trading Blog.

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