US stocks: Wall Street ends lower as retailers stoke inflation fears

Wall Street benchmarks ended Wednesday lower on inflation fears and supply chain concerns stemming from retailers' earnings, with investors betting the Federal Reserve will raise interest rates sooner than expected to tame rising prices. The Dow Jones Industrial Average fell 211.17 points, or 0.58%, to 35,931.05, the S&P 500 lost 12.23 points, or 0.26%, to 4,688.67 and the Nasdaq Composite dropped 52.28 points, or 0.33%, to 15,921.57.



November 18, 2021 at 07:10AM