U.S. stocks end mostly lower, with S&P 500 suffering longest losing streak since October

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S&P 500 ends lower for fifth day, longest losing streak since October

U.S. stocks closed mostly lower Wednesday, with the S&P 500 falling a fifth straight day as investors continued fearing a recession could be triggered by the Federal Reserve's aggressive interest rate hikes as it fights high inflation. The Dow Jones Industrial Average DJIA, +0.

00% closed about flat, while the S&P 500 SPX, -0.19% fell 0.2% and the Nasdaq Composite COMP, -0.51% dropped 0.5%, preliminary data from FactSet show. The S&P 500 finished with its longest losing streak since October 12, according to Dow Jones Market Data. Of the S&P 500's 11 sectors, only healthcare, consumer staples and real estate finished with gains.

 

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The recession is caused by bad govt policy leading to inflation requiring the Fed to intervene. Let’s all be clear about that moving forward

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S&P 500 books fourth straight day of losses as U.S. stocks close sharply lowerU.S. stocks ended sharply lower Tuesday as investors sought safe-haven assets amid recession concerns and increased market volatility. The Dow Jones Industrial Average dropped around 350 points to close 1% lower: 5th time’s the charm When’s this recession starting? lmao
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

Stock Market News Today: Dow Drops 400 Points, Nasdaq and S&P 500 DownThe Dow fell more than 500 points, extending this week's declines on worries about the outlook for interest rates DJ only 8% down on 2022 .. stills not pricing any kind of recession. There is waaay more to go, on the downside, unless a ton of inflation is priced in — and it does not appear to be a valid assumption. Good.
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »

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