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Dow closes 300 pts lower as US crude oil tops $100 and Fed rate-hike bets rise

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US stocks fell on Thursday as oil prices climbed above $100 a barrel, fuelling concerns over inflation and increasing expectations that the Federal Reserve could raise interest rates next week. The Dow Jones Industrial Average fell 316 poin…

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Dow closes 300 pts lower as US crude oil tops $100 and Fed rate-hike bets rise
Invezz 34m ago

Dow closes 300 pts lower as US crude oil tops $100 and Fed rate-hike bets rise

US stocks fell on Thursday as oil prices climbed above $100 a barrel, fuelling concerns over inflation and increasing expectations that the Federal Reserve could raise interest rates next week. The Dow Jones Industrial Average fell 316 poin…

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