S&P 500 closes at new 2022 low as Apple leads broad market sell-off

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Stocks resumed their 2022 sell-off on Thursday, sending the S&P 500 to a new low for the year, as fears swirled that a recession won’t stop the Federal Reserve from raising interest rates.

I was all set for my trip, or so I thought. That's when my friend told me to place a crayon in my wallet when traveling. The reason is quite clever.Read on to know what to expect from Tesla's AI Day 2022. Also, as an investor, should you place your bets on the stock now going by the crazy hype surrounding the event?In this article, we will take a look at the 10 stocks that were recently downgraded by analysts.

Geetu Sharma, founder and investment manager at AlphasFuture, said the move by the BoE eased investor fears of contagion across the financial system."I think the market is seeing that central banks will intervene in the event of market dislocation or financial stability concerns and the central banks cannot let this hawkishness that they've been demonstrating lead to any kind of dislocation, disruption in the financial markets and they will have to intervene.

 

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