At the center of the sell-off again is the Fed, which is scrambling to get inflation under control.
Wall Street
Posted inBusiness, Nation & World
Final-hour rally yanks Wall Street from edge of bear market
Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have been worrying investors.
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Posted inBusiness, Nation & World
A bear market may be on the Wall Street horizon. Here’s what that means.
Low interest rates act like steroids for stocks and other investments, and Wall Street is now going through withdrawal.
Posted inBusiness, Nation & World
Stocks rally, but still mark their 6th straight losing week
Markets have been slumping since late March as traders worry that the Federal Reserve may not succeed in its delicate mission of slowing the economy enough to rein in the highest inflation in 4 decades without causing a recession.
Posted inBusiness, Nation & World
Stocks slump 3% as worries grow over higher interest rates
Wall Street’s breakneck day-to-day reversal reflects the degree of investors’ uncertainty and unease over the array of threats the economy is facing.
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Powell backs quarter-point interest rate hike this month
His challenge is changing policy to ease inflation but not tightening so much that the economy stalls.
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Wall Street reels, recovers in wake of Ukraine invasion
Beyond its tragic human toll, the conflict looked set to send prices even higher at gasoline pumps and grocery stores around the world.
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Stocks close lower as Wall Street watches Ukraine tensions
Wall Street is also trying to gauge how stocks and the broader economy will be affected by how far and how quickly the Federal Reserve will move to raise interest rates to quash surging inflation.
Posted inBusiness, Nation & World
Stocks climb back after steep slide driven by concerns about Fed, Ukraine
Early in the day, benchmark stock indexes flirted with near 4-month lows as investors anticipated guidance from the Fed later this week about its plans to raise interest rates to tame inflation.
Posted inBusiness, Nation & World
Stocks meander higher, scoring another record for S&P 500
Wall Street ended another wobbly day mostly higher Wednesday, enough for the S&P 500 and Dow Jones Industrial Average to notch record highs