US EditionStocks slide as strong data suggests Fed has more to do
11 Articles
11 Articles
Stocks slide as strong data suggests Fed has more to do
Stocks closed broadly lower on Wall Street and Treasury yields rose Monday after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8%, its third straight drop. The slide more than offset the index’s gains last week. The Dow Jones Industrial Average dropped 1.4% and the tech-heavy Nasdaq composite slid 1.9%. Small-company stocks fell even more, sending the Russell 2000 ind…
Stocks slide as strong data suggests Fed has more to do
By DAMIAN J. TROISE and ALEX VEIGA Stocks closed broadly lower on Wall Street and Treasury yields rose Monday after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8%, its third straight drop. The slide more than offset the index’s gains last week. The Dow Jones Industrial Average dropped 1.4% and the tech-heavy Nasdaq composite slid 1.9%. Small-company stocks fell even…
Stocks slide as strong data suggests Fed has more to do
Stocks closed broadly lower on Wall Street and Treasury yields rose Monday after surprisingly strong economic reports highlighted the Federal Reserve's difficult fight against inflation. The S&P 500 fell 1.8%, its third straight drop. The slide more than offset the index's gains last week. The Dow Jones Industrial
Stocks slide as strong data suggests Fed has more to do
NEW YORK — Stocks closed lower on Wall Street and Treasury yields rose after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8% Monday.
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