Dow Jones Falls On Hot Inflation Report; Coinbase, Unity Crash On Earnings
The Dow Jones Industrial Average dropped Wednesday after a hotter-than-expected inflation report — the consumer price index. Energy stocks rallied as oil prices bounced back from a two-session slide. Former stock market leaders Coinbase, Roblox, Trade Desk and Unity Software all tumbled after reporting their quarterly earnings results.
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Coinbase (COIN), Occidental Petroleum (OXY), Roblox (RBLX), Trade Desk (TTD) and Unity Software (U) reported their earnings results late Tuesday….