Dow ends 200 points lower after Fed’s Powell leaves door open to larger rate hikes

Stocks fell Monday after Federal Reserve Chairman Jerome Powell left the door open to the prospect of bigger rate hikes to bring down inflation, but equity benchmarks finished above session lows.

Shares of Boeing Co.
BA,
-3.59%,
the Dow’s biggest loser, fell after a Boeing 737 passenger plane operated by China Eastern Airlines and carrying 132 people slammed into the…