Summary by Ground NewsThe S&P 500 falls 2.2% in early afternoon trading. The Dow Jones Industrial Average is nearly 20% below its record set early this year. The Federal Reserve and other central banks hiked interest rates this week. But such moves also put the brakes on their economies, threatening recessions.
5 days ago
Stocks tumble sharply on Wall Street amid worries about rates, economy
Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.
4 days ago·Houston, United StatesRead Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Time & Location
Sources are mostly out of (0)