Stocks fall, bond yields tumble after Fed's latest rate hike

Fed: US stocks tumble after Fed rate hike, concerns on economy

Wall Street stocks fell following the US Federal Reserve's continued interest rate hikes to tackle rising inflation, with concern mounting that instability in the banking sector could slow economic activity. The Dow and tech-heavy Nasdaq both ended 1.6% lower, while the S&P 500 shed 1.7%.

Stocks fall, bond yields tumble after Fed’s latest rate hike

NEW YORK (AP) — Stocks fell sharply Wednesday after the Federal Reserve indicated the end may be near for its economy-crunching hikes to interest rates, but it also doesn’t expect to cut rates anytime soon despite Wall Street’s hopes. The S&P 500 fell 1.6% for its first drop in three days. The Dow Jones Industrial Average lost 530 points, or 1.6%, while the Nasdaq composite dropped 1.6%. Some of the sharpest drops came again from the banking ind…

US stocks tumble after Fed rate hike, concerns on economy

Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.

US stocks tumble after Fed rate hike, concerns on economy

NEW YORK - Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.

Stocks fall, bond yields tumble after Fed's latest rate hike

Stocks fell sharply Wednesday after the Federal Reserve indicated the end may be near for its economy-crunching hikes to interest rates, but it also doesn't expect to cut rates anytime soon despite Wall Street's hopes.

Stocks fall, bond yields tumble after Fed's latest rate hike

NEW YORK (AP) — Stocks fell sharply Wednesday after the Federal Reserve indicated the end may be near for its economy-crunching hikes to interest rates, but it also doesn’t expect to cut rates anytime soon despite Wall Street’s hopes. The S&P 500 fell 1.6% for its first drop in three days. The Dow Jones Industrial […]