Markets ended a tumultuous week on an ominous note, with a broad technology-sector selloff sending the major U.S. stock indexes sharply lower and Treasury yields logging declines not seen since some of the worst days of the pandemic last year.
After a relatively placid stretch across financial markets, investors were confronted with several fresh worries over the past week. Many investors are expecting the Federal Reserve to raise interest rates next year after a prolonged period of keeping interest rates near zero, policies that have helped send major indexes to record after record over the past year.
Stagflation inc
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Wall St falls in choppy trading as tech stocks slideU.S. stocks lost ground in morning trade on Friday, with technology stocks dragging the main indexes lower, as fears around inflation and the Omicron variant fueled volatile trading.
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European stocks drop as Omicron fears keep markets on edgeEuropean stock indexes opened lower on Thursday, reversing gains from the previous session as a lack of information about the Omicron variant of COVID-19 left markets volatile, and as investors also bet on faster Fed tapering.
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Stocks making the biggest moves midday: Kroger, Boeing, Dollar General and moreThese are the stocks posting the largest moves in midday trading. Here’s my situation with Kroger…ordered $12,500 in gift cards so my nonprofit can give them to families in need. Money was wired 18 days ago and they couldn’t find it until yesterday. Haven’t gotten an email saying they’ve been shipped and was laughed at by customer service.
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