Stock market plunges to worst day in 3 weeks | Northwest Arkansas Democrat-Gazette

Oil prices, rising inflation concerns and a climbing U.S. debt load pushed stocks to their worst day in three weeks on Thursday. The S&P 500 slid 0.9% for a fourth loss in five sessions after posting an all-time high last week; the Dow fell 703 points (1.3%) and the Nasdaq dropped 1%. Walmart weighed most in the S&P 500, falling 9.2% despite reporting stronger profit and revenue, as investors focused on slowing revenue growth. Bond markets drove the mood: Treasury Secretary Scott Bessent said the department will at least double planned longer-term Treasury purchases from Sept. 9 to Nov. 4. Brent crude rose 2.4% to $93.78 amid uncertainty tied to the Iran conflict.