U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against those on Sept. 13, when they sank 4% to 5%.
Investors... U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against those on Sept. 13, when they sank 4% to 5%. Investors have been jittery, reacting to any sign of continuing consumer price increases or economic strength heading into the Federal Open Market Committee’s meeting on Sept. 20-21. The FOMC will make a policy announcement on the 21st, followed by Federal Reserve Chairman Jerome Powell’s press conference.Read: The next financial crisis may already be brewing — but not where investors might expect
Here’s an interesting look at how far Meta Platforms Inc. META has fallen this year, incorporating the company’s own bleak outlook.
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