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Dow tumbles 321 points on Biden’s capital gains tax hike plan – Fox Business

U.S. equity markets turned sharply lower Thursday afternoon following a report that the Biden administration is mulling increasing the capital gains tax.

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U.S. equity markets turned sharply lower Thursday afternoon following a report that the Biden administration is mulling increasing the capital gains tax.
The Dow Jones Industrial Average fell over 321 points, or 0.94%, while the Nasdaq Composite and S&P 500 declined 0.92% and 0.94%, respectively. 

TickerSecurityLastChangeChange %
I:DJIDOW JONES AVERAGES33815.9-321.41-0.94%
SP500S&P 5004134.98-38.44-0.92%
I:COMPNASDAQ COMPOSITE INDEX13818.412584-131.81-0.94%

Biden, according to Bloomberg, is exploring…

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