U.S. stocks drop on recession fears, Nasdaq closes at new bear market low

  • 📰 Reuters
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Wall Street's main indexes ended weaker, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China and geopolitical tensions heading into 2023

ended at 10,213.288, the lowest since the bear market began in November 2021 after the index hit a record high. The last time the Nasdaq ended lower was in July 2020. Its previous closing low for 2022 was 10,321.388 on Oct. 14.

"There was no Santa rally this year. The Grinch showed up this December for investors," said Greg Bassuk, chief executive at AXS Investments in Port Chester, New York.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You misspelled - poor leadership in Washington DC. The worst!

Urgent relief is here before it's too late to save the girl

Banana cleaner 😁

This woman changed everything about me on CRYPTO TRADING. Her platform is very sure and easy to access, with the minimum of $2000 I made over $17,150 in just 5 days of trading, her ability to handle trade can't be estimated contact cindy_fx_trade to trade 100% legit

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street dips as growth stocks drag on S&P 500, NasdaqWall Street was mostly lower at the beginning of a holiday- shortened week on Tuesday as investors weighed the likelihood of protracted restrictive Fed policy against China's relaxation of its strict zero-COVID rules. Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words. Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words. Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words!
Source: Reuters - 🏆 2. / 97 Read more »