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Dow Falls Over 1%; US Inflation Rate Accelerates In March
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 1% on Wednesday.
Following the market opening Wednesday, the Dow traded down 1.21% to 38,414.32 while the NASDAQ fell 0.98% to 16,147.16. The S&P 500 also fell, dropping, 0.99% to 5,158.18.
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Leading and Lagging Sectors
Energy shares rose by 0.1% on Wednesday.
In trading on Wednesday, real estate shares fell by 3.4%.
Top Headline
U.S. annual inflation rate rose for a second consecutive month to 3.5% in March from 3.2% in February.
Equities Trading UP
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Shares of Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) got a boost, surging 84% to $2.0840 after the company announced the publication of ...