Stocks had been on the upswing for the last month on hopes the worst of the nation’s high inflation may have passed already.
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U.S. stock indexes fall as lockdown protests spread in China
Investors have a busy week ahead as they continue monitoring the hottest inflation in decades and its impact on consumers.
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Stocks gain ground on Wall Street ahead of U.S. holiday
Wall Street has been closely watching the latest economic and inflation data for any signs that might allow the Fed to ease up on future rate increases.
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Stocks fall as Fed signals rates need to go still higher
The Fed has been raising rates aggressively in order to tame inflation by applying the brakes to the economy.
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Wall Street slips, gives back some of last week’s big gains
Some analysts have called Wall Street’s recent rally overdone.
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Wall Street rises ahead of election results, inflation data
Stocks are also moving on corporate profit reports, as earnings season enters its tail end.
Posted inBusiness
Wall Street climbs ahead of Election Day, inflation data
Monday’s gains for Wall Street came despite a shaky showing for its most influential stock.
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Fed unleashes another big interest rate hike but hints at a pullback
It is the central bank’s 6th rate hike this year – a streak that has made mortgages and other consumer and business loans increasingly expensive and heightened the risk of a recession.
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Wall Street rally marks first weekly win streak since summer
Still, the Fed is clear about its plan to err on the side going too far in order to tame inflation.
Posted inBusiness, Nation & World
U.S. stock indexes end mixed as Facebook parent company slumps
Stocks ended mixed on Wall Street as weakness in several tech companies offset gains in other parts of the market.