Today in the Market (5/18/2022)

The broader markets were pulled down on Wednesday by a series of poor quarterly earnings from some large retailers. Investors also analyzed words from Federal Reserve officials reiterating their commitment to keeping inflation under control.

The S&P 500 dropped by 4.04%, its lowest level since June 2020. The Nasdaq Composite plunged 4.73%, while the Dow dropped more than 1,100 points or 3.57%.

SAME STORY, DIFFERENT COMPANY