Wall Street ended a milestone-setting week on a down note Friday, as stocks closed lower and the S&P 500 index posted its first weekly loss in four weeks.
“Some of what’s been reflected in the bond market is starting to filter into the [stock] market just a little bit,” said Stephanie Roth, senior markets economist at J.P. Morgan Private Bank.The S&P 500 fell 32.87 points to 4,327.16. It ended the week with a 1% loss. The Dow Jones industrial average dropped 299.17 points, or 0.9%, to 34,687.85. The tech-heavy Nasdaq composite slid 115.90 points, or 0.8%, to 14,427.24.
Trading was choppy this week after the three major stock indexes set all-time highs on Monday. The downbeat end to the week suggests investors are uncertain about how strong the economic recovery will be in the second half of the year. Inflation is raging, many of the U.S. government’s pandemic relief efforts are fading and the Federal Reserve is starting to discuss reining in some of its support for the economy.
I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a woman who recommended me to Lucille610406 here on Twitter she guides me through and i made a return of $20,105 after a week of trading connect with her Lucille610406
I just made a successful trade with Investor_Teri I usually see a lot of great and prestigious comments on how effective she operate. Then I reluctantly give it a try she is really transparent because it works as planned, I'm really excited and still hoping for more wins.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Source: Forbes - 🏆 394. / 53 Read more »