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Dow Jones Down 545 Points On Inflation, Omicron Fears; Apple Stock Rises On China Sales

News Snapshot:

The Dow Jones Industrial Average extended its losses in today’s stock market as new comments from Federal Reserve Chair Jerome Powell sent indexes lower. Small-cap stocks led on the downside, while growth stocks in the growth-focused Innovator IBD 50 ETF ( FFTY ) lost nearly 3%. X Stock Market Today At around 1:30 p.m. ET, the Nasdaq was down around 1.6%, while the Dow Jones industrials lost 1.7%. The S&P 500 traded 1.6% lower and the small-cap Russell 2000 index shed over 2.3%. Data showed volume running higher on the Nasdaq and on the NYSE vs. the same time on…

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