*WALL STREET ENDS LOWER FOR 3RD STRAIGHT DAY, LOGS WEEKLY LOSS ON RECESSION, RATE FEARS
was down 1%. The indexes were heading toward their second straight weekly decline and the first negative December in four years.
The gloomy holiday mood is being stoked by fears about the Federal Reserve's aggressive actions to stop inflation in its tracks, with the help of other central banks around the world. The Bank of England and the European Central Bank joined it in saying rates would stay higher for longer. That also weighed on hopes for a Santa rally in December.
The S&P 500 was down more than 2% this week and 6% for the month. Friday’s trading included options expiring, adding to the day’s volatility, but the Dow climbed back from being down 547 points at its lowest. Amid broad-based selling, real estate and utilities were the lagging sectors. But big company stocks also fell including McDonald’s Corporation (NYSE:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock Market Today: Dow Falls Over 750 Points on Recession Fears, Interest Rate ForecastThe Dow dropped more than 750 points, hurt by weak retail-sales data and concerns the Fed's rate increases could lead to a recession
Leer más »
Stock Market Today: Dow Declines 600 Points; Retail Sales Data Adds to Recession FearsThe Dow fell more than 300 points at the open, extending Wednesday's losses after the Fed signaled rates may have to move higher than previously thought
Leer más »
Stock Market News Today: Dow Drops 100 Points; Mazars Pauses Crypto WorkThe Dow fell more than 200 points in early trading, as markets look set to close a bumpy week on a negative note
Leer más »
Dow futures fall 365 pts as recession concerns mount; PMI data due By Investing.comDow futures fall 365 pts as recession concerns mount; PMI data due
Leer más »
Guardant Health stock plunges, Exact Sciences stock soars after colorectal-cancer test study resultsShares of Guardant Health Inc. undefined tanked 40% and shares of Exact Sciences Corp. undefined rallied more than 25% in the extended session Thursday after...
Leer más »