Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt
Israel,Iran,Inflation,NASDAQ,Wall Street,Wells Fargo,Business,Markets
From the Left
AllSides Media Bias Rating: Lean Left
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow Jones Industrial Average slid 475.84 points, or 1.24%, closing at 37,983.24. The S&P 500 tumbled 1.46% at 5,123.41. The Nasdaq Composite pulled back by 1.62% at 16,175.09. At one point in the trading session, the Dow was down by nearly 582 points, or 1.51%. The S&P 500 slid as much as 1.75%. Week to date, the broad market index...
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Red Blue Translator
Marijuana
Red Blue Translator
Big Business
Headline Roundup
Iran and US Exchange Strikes After Drone Strike on Oil Tanker in Hormuz
June 28th, 2026
Bias
How Did Media Cover Trump's 'Freedom 250' Versus Biden's Pride Celebration on the White House Lawn?
Jessica Carpenter
June 28th, 2026