Dow falls 201 points after hawkish message from Fed chair

March 21 (UPI) — U.S. markets closed with slight losses Monday in a volatile day of trading spurred by Federal Reserve Chairman Jerome Powell expressing concern about inflation.

The Dow Jones Industrial Average fell 201.94 points, or 0.58%, while the S&P 500 dropped 0.043% and the Nasdaq Composite declined 0.4%.

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