Stocks tumble with Fed's next move in focus, Apple losses deepen: Stock market news today

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Stocks were lower on Thursday amid building signs the US economy could be running hot.

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The move to acquire East Ohio Gas, Questar Gas, and Public Service Co of North Carolina would double Enbridge's gas distribution business and make it the largest gas utility by volume in North America, with the unit accounting for a bit less than a fourth of the company's overall business mix. The deal announced on Tuesday is seen as a bet on the future of natural gas in a regulated market even as energy companies and consumers transition to a greener future by phasing out fossil fuels.

 

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Marketmind: Fed steals focus, stocks sell offThe dominating theme in global financial markets is once again central bank policy, and equity investors in particular are worried. U.S. data is showing a flare-up in inflationary pressures, just as markets had become comfortable with the idea of a Goldilocks scenario replete with soft landings and less hot labour markets. Markets in China and Australia took another steep step down.
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Marketmind: Fed steals focus, stocks sell offA look at the day ahead in European and global markets from Kevin Buckland The dominating theme in global financial markets is once again central bank ...
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US futures fall with Fed's next move in focus: Stock market news todayStock futures pointed lower on Thursday amid building signs the US economy could be running hot.
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Stocks edge lower amid China data gloom: Stock market news todayStocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.
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Stocks finish lower after two weeks of gains: Stock market news todayStocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.
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Stocks slide as worries about inflation revive: Stock market news todayStocks fell on Wednesday, as rising oil prices fueled concerns about inflation and faltering global demand.
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