Dow Drops 500 Points After Warsh Signals Inflation Is Still Too Hot -- WSJ
Dow Jones2026/09/16 19:06By David Uberti
A stock-market selloff intensified after Fed Chairman Kevin Warsh signaled the U.S. economy is robust, raising the possibility of more rate hikes ahead.
The Dow fell by around 1%, while the Nasdaq and S&P 500 both gave up earlier gains. "This summer's inflation readings do not tell me that underlying trends have meaningfully improved," Warsh said.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
September 16, 2026 15:06 ET (19:06 GMT)
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