Investors worry that stubbornly high prices on everything from food to clothing could lead to a recession.
Wall Street
Posted inBusiness, Nation & World, News
Stocks edge lower on Wall Street ahead of earnings reports
Major indexes are coming off a volatile week where they notched out gains because of an early two-day rally that shielded stocks from several weak days.
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Posted inBusiness
Stocks lose more ground on fears of looming recession
However, the major indexes notched a gain for the week, thanks to a powerful but short-lived rally Monday and Tuesday.
Posted inBusiness
Stocks close lower again on Wall Street
But the S&P is up 4.4% for the week, after its best two-day rally since 2020.
Posted inBusiness, Nation & World, News
Wall Street soars to best day since summer, with S&P up 2.6%
Helping to drive markets was a report on U.S. manufacturing that came in weaker than expected, along with data showing a drop-off in construction spending from July to August.
Posted inBusiness
Stocks rally, bonds soar in relief after UK central bank calms markets
The Bank of England took emergency action Wednesday after the UK government spooked investors over unfunded tax cuts.
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U.S. stocks end mixed a day after Dow entered a bear market
Stocks ended a wobbly day with mixed results on Wall Street as markets continue to be unstable.
Posted inBusiness, Nation & World, News
Stocks hit lowest level since 2020, revive fear of recession
The selling capped another rough week on Wall Street, leaving the major indexes with their fifth weekly loss in six weeks.
Posted inBusiness, News
Stocks close lower ahead of Fed decision on interest rates
Stocks closed lower on Wall Street ahead of a key decision on interest rates by the Federal Reserve.
Posted inBusiness, Nation & World, News
Markets shudder on dashed inflation hopes; Dow falls 1,250
The inflation figures were so bad that traders see a 1-in-3 chance for a rate increase of a full percentage point by the Federal Reserve next week.