Stocks tumbled, leaving the Standard & Poor's 500 with its biggest one-day loss in almost seven weeks, as worries deepen about interest rates and inflation.
Palm Springs is a hotbed for short-term rentals. Toting decibel readers and citations books, the desert city’s Airbnb police make sure things don’t get too out of hand.the central bank may indeed raise short-term interest rates by double the usual amount at upcoming meetings, starting in two weeks.
“After years of being very accommodative, the Fed has made it clear that policy is going to be tighter for the foreseeable future,” said Brian Price, head of investment management for Commonwealth Financial Network. “Their hawkish stance is giving investors pause as many are left to evaluate the impact on profit margins and [stock] multiples moving forward.”
The two-year Treasury yield, which moves more on expectations for Fed action on short-term rates, has zoomed even more. It was at 2.69% late Friday after more than tripling from 0.73% at the start of the year. HCA Healthcare slumped 21.8% for the biggest decline in the S&P 500 after reporting weaker earnings per share for the latest quarter than analysts expected. The hospital operator also cut its forecast ranges for revenue and earnings this year.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
S&P 500, Nasdaq, Dow Technical Forecast: Stocks Search SupportStocks on the defensive ahead of the weekly close with major US equity indices trading heavy. Hawkish FOMC rhetoric over the past few days continues to fuel expectations for higher rates SPX500 sell-off approaching key support near 4309
Leer más »
Stocks open mostly lower, with S&P 500 turning negative for weekStocks were trading modestly lower after the opening bell Friday, with the S&P 500 turning negative for the week as Treasury yields push to levels last seen...
Leer más »
Troopers found 500 pounds of marijuana scattered on Missouri interstateAccording to the Kansas City Star, the marijuana came out of a pickup truck that crashed into the back of a semi-truck that had initially tried to avoid hitting a previous crash on the interstate.
Leer más »
500 lbs. of marijuana scattered on interstate during crash on 4/20, troopers sayTroopers in Missouri found 500 pounds of packaged marijuana scattered around the road when they responded to a crash on April 20.
Leer más »
Watch this terrifying near miss from the first day of Indy 500 testingWatch this terrifying near miss from the first day of Indy 500 testing as ColtonHerta just barely avoids a 220+ mph collision with a helpless car:
Leer más »