
Dow sinks over 1,000 points after Powell vows tough inflation battle
The Dow Jones Industrial Average plunged 1,008.38 points, or 3.03 percent, to 32,283.40. The S&P 500 tumbled 141.46 points, or 3.37 percent, to 4,057.66. The Nasdaq Composite Index shed 497.56 points, or 3.94 percent, to 12,141.71.