Dow Crashes 1200 Points on CPI Data!
Wall Street was left licking its wounds yesterday after a broad sell-off in its Indices.
CPI data came in hotter than expected as the Dow, S&P, and Nasdaq all fell by over 4%.
The likelihood now grows that the Fed will continue its aggressive policy in the next meeting, with a possible 100 bp hike!
Timestamps
DOW 01:45
XAUUSD 03:15