September stock slump shows bear market’s staying power

  • 📰 axios
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Much of the year's gains have melted away.

Data: FactSet; Chart: Axios Visualshave melted away over the last few months.Touching a new high is the traditional confirmation that stocks are officially in a new bull market.

Stocks started to rise as inflation reportsFalling inflation led to a tumble in long-term interest rates, as investors bet the Fed might ease its tough monetary policy. (Lower long-term interest rates

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

4 Numbers That Explain the Stock Market’s Miserable SeptemberTesla faces federal lawsuit over racial harassment claims, striking actors to return to bargaining table, and other news to start your day.
Source: MarketWatch - 🏆 3. / 97 Read more »