Business

Stock Market Plummets Amid Fed Rate Hike

Updated 2026-09-16 21:55 UTC 1 source Negative

The Dow Jones Industrial Average fell by 600 points following a Federal Reserve rate hike. Investors are bracing for more volatility in the coming days as inflation remains a concern.

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MarketWatch

Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.

Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business.

2026-09-16 21:40 UTC