On Friday 24 Feb 2023, U.S. stocks fell sharply Why? MannKind (NASDAQ:MNKD), Fisker (NYSE:FSR), Bridger Aerospace Group Holdings, (NASDAQ:BAER) , Carvana Co (NYSE:CVNA), Boeing Co (NYSE:BA)

On Friday 24 Feb 2023, U.S. stocks fell sharply after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected enhance in prices last month.

The Dow Jones Industrial Average fell by 472 points, or 1.4%. The S&P 500 and Nasdaq Composite slid 1.6% and 2.0%, respectively.

Boeing shares slipped more than 4% after the company temporarily halted delivery of its 787 Dreamliners over a fuselage issue. Shares of Microsoft and Home Depot also fell more than 1%.