Dow tanks 532 points, Nasdaq notches gain

U.S. stocks fell for the second straight session as investors wrapped the week.

The Dow Jones Industrial Average fell 532 points or 1.5%, while the S&P 500 slipped 1%. The Nasdaq Composite, bucked the downtrend, inching 0.07% higher. 

Traders also faced triple witching when stock and index options expire along with index futures kicking up volatility.  

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 35365.44 -532.20 -1.48%
SP500 S&P 500 4620.64 -48.03 -1.03%
I:COMP NASDAQ COMPOSITE INDEX 15169.682092 -10.75 -0.07%

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The Federal Reserve-driven rally fizzled after policymakers said they are preparing to begin raising rates next year to fight inflation.

Gold got a boost in a flight to safety and is on pace to close at a one-month-high, as oil slipped 2%

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Scammers are looking to choose gain of Fathers Working day buyers

President Richard Nixon signed a proclamation generating Father’s Day a federal holiday in 1972. Given that then, the regular presents acquired on Father’s Day have each reworked and remained fairly steady.

Applications, property enhancement supplies and garments are all frequent buys for Father’s Working day items, on the other hand, electronics, particular outings and automotive extras are rising in level of popularity, demonstrating how technologies alter the types of gifts people get.

Katie Galan with the Improved Enterprise Bureau says scammers are using notice and trying to acquire benefit of purchasers. Galan states, “When getting presents online, for Father’s Day or any other celebration, it is critical to workout warning and diligently examine the limitations of invest in, expected shipping day and supply of the solution.”

In accordance to the Countrywide Retail Federation, the most vital consideration consumers have when choosing a Father’s Working day gift is locating just one

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