Markets Continue Sell Off For Third Day In A Row

by The Chicago Times Business Staff

October 12, 2021

NEW YORK — Stocks in the United States finished down Tuesday, after fluctuating between minor gains and losses earlier in the trading day.

The Dow Jones Industrial Average closed at 34,378.34, down 117.72 points.  The S&P 500 fell 10.54 points to 4,350.65.  The Nasdaq fell 20.28 points to 14,465.92.

Weighing on investor’s minds for the rest of the week includes the start of earnings season, reports related to supply-chain issues, growing inflation eroding corporate profits, and Biden’s support of authorizing the IRS the capability to review bank transactions $600 or over.