Thursday was a brutal day for long investors. The Dow Jones Industrial Average collapsed 1.8%, or 690 points, and the S&P 500 and tech-heavy Nasdaq tanked 1.5% and 2.1%, respectively, by 10 a.m. ET.
The 10-year Treasury yield rose 10 basis points ... the chief global strategist at Principal Asset Management. "This marks the third consecutive strong reading and means that the stalled ...
The Dow Jones Industrial Average slid 375.12 points, or 1%, to 38,085.12 It had tumbled nearly 700 points in morning trading. The S&P 500 and Nasdaq dropped 0.5% and 0.6%, respectively.
They are also predicting there will be two cuts of 25 basis points instead of the three that ... tailwind to growth and inflation,” Apollo Global Management’s Torsten Slok told Bloomberg.
US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped. Shares on Wall Street plummeted as official ...
The Dow fell by 546 points, or 1.4%; the S&P 500 was down 1 ... It’s also brought back fears of stagflation — when the economy stops growing but inflation persists. In a talk at the Economic ...
Stocks were heading lower in afternoon trading. The Dow Jones Industrial Average was down 300 points, or 0.8%. The S&P 500 was down 0.5%, and the Nasdaq Composite was down 0.3%. Shares of ...
The Dow Jones Industrial Average dropped 395 points, or 1%, on Tuesday after declining more than 500 points at its lows. That means the blue-chip index had at one point sunk nearly 800 points ...
The Dow fell by 375 points, or 1%; the S&P 500 was down 0.5 ... It’s also brought back fears of stagflation — when the economy stops growing but inflation persists. In a talk at the Economic ...