U.S. stocks fall after Fed Chair Powell's comments


  • World
  • Tuesday, 22 Mar 2022

NEW YORK, March 21 (Xinhua) -- U.S. stocks declined on Monday after Federal Reserve Chair Jerome Powell vowed tough action on inflation.

The Dow Jones Industrial Average decreased 201.94 points, or 0.58 percent, to 34,552.99. The S&P 500 fell 1.94 points, or 0.04 percent, to 4,461.18. The Nasdaq Composite Index dropped 55.38 points, or 0.40 percent, to 13,838.46.

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