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Market Slump Reflects Uncertainty and Inflation Pressure
The Dow Jones industrial average fell from a 1968 high to a February low, rebounded slightly but remained well below last year’s peak. Economists cite inflation, fiscal policy, and international tensions as key drag factors. Investors pulled back, seeking safer bets as government surcharges and tighter money policy bite into corporate expansion.
MENTIONED IN THIS ARTICLE
Dow Jones
New York
Vietnam
Middle East
Becom J
Beipe
Wall Street
Ihy
Nixon
Kers
Richard
Dow Jones Industrial
av\Scruggs
Goodbody
Jerage
U.S
Federal Reserve Board