It’s well documented—the stock market is ignoring the possibility of recession. History shows the gains could just keep coming.
Higher interest rates, engineered by the Federal Reserve in its attempt to quell economic demand and inflation, are starting to cool the economy. In the first half of 2017, the S&P 500 gained while the PMI slipped, and then the stock index rose 39% to the pre-Covid high.
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:
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alphabet Inc. Cl A stock falls Tuesday, underperforms marketShares of Alphabet Inc. Cl A shed 1.15% to $135.34 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500...
Source: MarketWatch - 🏆 3. / 97 Read more »
Berkshire Hathaway Inc. Cl B stock rises Tuesday, outperforms marketShares of Berkshire Hathaway Inc. Cl B inched 0.62% higher to $367.78 Tuesday, on what proved to be an all-around dismal trading session for the stock...
Source: MarketWatch - 🏆 3. / 97 Read more »
Microsoft Corp. stock falls Tuesday, underperforms marketShares of Microsoft Corp. slipped 1.83% to $331.77 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500...
Source: MarketWatch - 🏆 3. / 97 Read more »
Netflix Inc. stock falls Tuesday, underperforms marketShares of Netflix Inc. slid 2.40% to $434.69 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index...
Source: MarketWatch - 🏆 3. / 97 Read more »