US stocks drop to their worst day since July as inflation worsens
NEW YORK — U.S. stocks dropped to their worst day since July on Wednesday following the latest signal that inflation is getting worse. The S&P 500 sank 1.1 percent for a fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average fell 48 points, or 0.1 percent, and the Nasdaq composite slid 1.9 percent as stocks in the artificial-intelligence industry led the way lower. Stocks felt pressure from rising yields in the bond market, where worries grew after a report
Covered mainly by the Western sphere (75%); silent in Arab-Muslim world, Global South.
Global sphere reading. The left / centre / right reading is shown in the coverage analysis below.
- Confirmed by 4 outlets in 4 countries.
- Ignored by Arab-Muslim world, Global South.
- Propagation: first reported by South China Morning Post (Hong Kong), . 2 outlets republished 1 headline word for word.
Headline clash across the four spheres
- Stocks drop to their worst day since July as inflation worsensLos Angeles Times · United States
- U.S. stocks drop to their worst day since July as inflation worsensbnnbloomberg.ca · United Kingdom
- US stocks drop to their worst day since July as inflation worsensSouth China Morning Post · Hong Kong
No outlet in this sphere covers the event: blind spot.
No outlet in this sphere covers the event: blind spot.
Coverage analysis
Analyzing coverage…
Event sources
- US stocks drop to their worst day since July as inflation worsensSouth China Morning PostHong KongHong Kong → SwedenEnglish
- Stocks drop to their worst day since July as inflation worsensLos Angeles TimesÉtats-UnisUnited States → United StatesEnglish
- U.S. stocks drop to their worst day since July as inflation worsensbnnbloomberg.caUnknownUnited Kingdom → SwedenEnglish
- US stocks drop to their worst day since July as inflation worsensThe Korea TimesCorée du SudSouth Korea → SwedenEnglish