News Formal

Stocks end rocky week with their 5th straight weekly decline

  • 📰 cleveland19news
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Investors balanced a strong U.S. jobs report against worries the Federal Reserve may cause a recession in its drive to halt inflation.

The latest pullback came as investors balanced a strong U.S. jobs report against worries the Federal Reserve may cause a recession in its drive to halt inflation.

The S&P 500 fell 23.53 points to 4,123.34. The Dow dropped 98.60 points to 32,899.37. The Nasdaq fell 173.03 points to 12,144.66. Not only do higher interest rates tap the brakes on the economy by making it more expensive to borrow, they also put downward pressure on prices of all kinds of investments. Beyond interest rates and inflation, the war in Ukraine and the continuing COVID-19 pandemic are also weighing on markets.

“These data do not change the outlook for Fed policy; the rates trajectory remains upward in the near term,” Rubeela Farooqi, chief U.S. economist at High Frequency Economics, wrote in a note.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Thanks Biden!

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 70. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stocks end rocky week with their 5th straight weekly declineInvestors balanced a strong U.S. jobs report against worries the Federal Reserve may cause a recession in its drive to halt inflation.
Fonte: AKNewsNow - 🏆 460. / 53 Leggi di più »

Stocks end rocky week with their 5th straight weekly declineThe stock market ended an unusually turbulent week with its fifth straight weekly decline
Fonte: WOKVNews - 🏆 247. / 63 Leggi di più »

Global stocks, Wall St futures skid on fears over rate hikeGlobal stocks and Wall Street futures are lower as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth.
Fonte: ksatnews - 🏆 442. / 53 Leggi di più »

U.S. stocks open lower, extending Thursday's selloff as focus remains on stagflation risksU.S. stocks opened lower on Friday, extending Thursday's selloff which saw the Dow Jones Industrial Average and Nasdaq Composite Index book their worst daily drops since 2020. Why do you think the dems leaked this abortion Hoax?
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »