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Economy

Stocks Hit Lowest Point Of Year

View Source | February 22, 2023 4:51 pm

  • U.S. stocks dropped Tuesday as higher rates continue to pressure market sentiment, and the latest batch of retail earnings raised concerns about the state of the consumer.
  • The Dow Jones Industrial Average dropped 697.10 points, or 2.06%, to close at 33,129.59.
  • This was the index’s worst downturn since Dec. 15, when it fell 2.3%.
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