US stock market today: Top gainers and losers on September 22, 2022

US stock market today: Top gainers and losers on September 22, 2022

US stocks fell once again after the Federal Reserve produced a third consecutive 75 basis-point rate hike.

While the central bank is committed to crush inflation, the U.S. economy is driving into a recession.

Dow Jones Industrial Average traded at 0.5%.

The S&P 500 traded 0.7% lower.

Nasdaq Composite slid 1.1%.

Boeing fell over 2% to lead the Dow lower.

Celsius stock fell 3.9% to 98.23.

Several investors have expressed concerns over Fed’s aggressive hiking agenda.