News Formal

The stock market had its worst first half since 1970

  • 📰 axios
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Congratulations, you just lived through the stock market's worst first half since the Nixon administration.

The S&P 500 dropped 20.6% in the first half of 2022, as the Fed launched a tough rate-hiking campaign to counter inflation.This year, of the 11 industrial "sectors" that comprise the S&P 500, just one posted a gain so far. Energy stocks rose 29.

2%, on soaring crude oil and gasoline prices.The carnage in the S&P wasn't as bad as in the tech-heavy Nasdaq, which has fallen 29.5% so far in 2022.Inflation — and whether the Fed ramps up its rate-hiking plans in response to it — will be a major driver of the market's direction for the next few months.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

IMPEACHBIDENNOW

Idk much about stocks. But seeing as how the graph looks like Oklahoma, I know that cant be good

I don't own any stock, so actually I don't really feel like I merit congratulations. But thanks.

More pain to come.

When you enter the booth in November, take your 401K yearly statement with you, think about safely getting back to your car, remember to not say sir or ma’am to the volunteers at the table.

Sponsors need to stop supporting

This is how an initially mismanaged pandemic, war in Europe, and broken global supply chain batter stocks. Yet misplaced blame will land on President Biden, of course.

Buy low. Sell high.

I’ve never seen this amount of people at the food bank.. up 1300 families compared to last year this month. BidenDestroysAmerica

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 302. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Investors lose confidence worldwide as aggressive rate hikes drive market volatility higher, State Street data saysGlobal markets are set to close out the worst first half since 1970 on fears monetary tightening will lead to recession. Sell!!!!!
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Stocks slide, with Wall Street closing out worst first half since 1970On the last day of June, the S&P 500 index is on track for its worst first half of the year since 1970. Opportunity 🙌 The stock market is just a chart of wealthy people's feelings.
Källa: washingtonpost - 🏆 95. / 72 Läs mer »

US stock market sees worst first-half slide in 50 yearsStocks plummet and S&P 500 sees worst first half in more than half a century as US data shows persistently high inflation pinching consumer spending Political spends tax money to Ukraine .. .
Källa: trtworld - 🏆 101. / 63 Läs mer »