US close: Stocks sharply lower following Powell comments
At the close, the Dow Jones Industrial Average was down 2.58% at 42,326.87, while the S&P 500 lost 2.95% to 5,872.16 and the Nasdaq Composite saw out the session 3.56% weaker at 19,392.69. The Dow tumbled 1,123.03 points on Wednesday, extending losses …