Tag: hits

S&P 500 Plunges into Free-Fall and Hits Fresh 2022 Lows on Growing Recession Fears

US STOCKS OUTLOOK:U.S. stocks erase Wednesday’s gains and turn sharply lowerThe S&P 500 plummets more than 3% and hits new 2022 lowsSelling activity on Wall Street appears to be triggered by fears that...

Dow falls 700 points, Nasdaq drops nearly 3% after inflation reading hits 40-year high

Stocks dropped on Friday morning after a highly anticipated inflation report showed a faster-than-expected rise in prices.The Dow Jones Industrial Average shed 755 points, or 2.3%. The S&P 500 fell 2.5%, while Nasdaq...

Dollar hits 2-decade high vs yen, pound near 3-week low By Reuters

2/2 © Reuters. Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/Files 2/2 By Samuel Indyk LONDON (Reuters) - The U.S. dollar rose to a two-week high as rising U.S....

Bruised dollar hits new 1-month low; Lagarde boosts euro By Reuters

© Reuters. FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/File Photo By Saikat Chatterjee LONDON (Reuters) - The dollar hit a fresh one-month low on Tuesday...

WSJ article w/graphics illustrate how long S&P bear markets tend to last & where market hits are coming from : stocks

This WJ article (free link) is somewhat bullish in that it leads with a financial advisor telling his clients to stay invested.In the middle of the article there are some good graphics that...

China’s Stimulus Tops $5 Trillion as Covid Zero Hits Economy : stocks

China’s plans to bolster growth as Covid outbreaks and lockdowns crush activity will see a whopping $5.3 trillion pumped into its economy this year.The figure -- based on Bloomberg’s calculation of monetary and...

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