Wall Street’s main indexes opened lower on Monday, as investors worried that aggressive steps by the Federal Reserve to curb inflation could push the country’s economy into recession. The Dow Jones Industrial Average fell 53.57 points, or 0.18%, to 2,9536.84 points. The Standard & Poor’s 500 Index fell 10.51 points, or 0.28%, to 3,682.72 points. … Read more
Deceleration required All of this comes at a bad time for companies, which are facing slumping profit margins, even though stock prices are below multi-year highs, and may fall further after the S&P index doubled from its pandemic bottom. Even with the nominal yields of Treasury bonds reaching their highest level in more than a … Read more
U.S. stocks fell in choppy trading on Wednesday after the Federal Reserve raised interest rates by 75 basis points and forecast an even bigger hike in interest rates in its battle to tame rising inflation. The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to close at 30,183.78. The S&P 500 fell 1.71% to … Read more
US stock indices open lower, amid fears that raising interest rates will lead to a recession in the US economy. US stock indices fall amid fears of interest rate hike Wall Street’s major indices opened lower today, Monday, continuing to decline for the third consecutive session, amid fears that an interest rate hike by the … Read more
Prepared by: Khansa Al Zubair This year represents the most difficult period for the markets, which made some investors turn to cash as a safe haven. They take advantage of higher interest rates and at the same time look for opportunities to buy stocks and bonds at lower prices. The Fed disrupted markets in 2022; … Read more
New York (Archyde.com) The Standard & Poor’s 500 index fell below 3,900 points at the start of trading on Wall Street yesterday, breaking a level that traders consider important, after a profit alert from FedEx Shipping Services alarmed investors and increased their concerns related to an interest rate hike.Wall Street indices recorded their lowest level … Read more
US stocks fall to their lowest level in two months, after the decline in global demand, and warnings from “FedEx”. The three major US stock indexes fell to levels not seen since mid-July US stocks ended sharply lower on Friday, plunging to their lowest level in two months, after FedEx’s warning of an impending global … Read more
The three major US stock indices recorded a sharp decline, halting a 4-day winning streak, and incurred the largest single-day loss in more than two years. Wall Street suffers biggest loss in two years after inflation data A massive sell-off sent US stocks sharply lower on Tuesday after a report showed US inflation rose unexpectedly … Read more