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Inflation, Interest Rate Concerns Contribute To Pullback On Wall Street

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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After an initial sell-off, stocks have regained some ground over the course of morning trading on Thursday but remain mostly lower. The major averages have all pulled back after turning higher over the course of the previous session.

Currently, the major averages are well off their worst levels but still firmly negative. The Dow is down 241.74 points or 0.7 percent at 33,886.31, the Nasdaq is down 75.43 points or 0.6 percent at 11,995.16 and the S&P 500 is down 26.77 points or 0.7 percent at 4,120.83.

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