US stocks fizzle as a brutal month draws to a close

US stocks struggled for direction Friday, on the final day of what has been a brutal month and quarter for markets as investors grew more fearful that aggressive interest rate hikes by the Federal Reserve will drive the economy into a downturn in an attempt to quell inflation. what’s happening The Dow Jones Industrial Average … Read more

Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said. “I … Read more

Why a single US inflation report rolled global financial markets — and what comes next

It was the single report heard around the world, shaking the confidence of traders and investors across three continents. Stocks sold off across Asia and Europe on Wednesday, a day after August’s US consumer-price index report triggered the worst day for the Dow Jones Industrial Average DJIA, +0.10%, S&P 500 SPX, +0.34% and Nasdaq Composite … Read more

Markets are waking up to the notion that inflation hasn’t peaked

It only took a 0.1% advance in the rate of consumer-price inflation last month to send markets into their worst tailspin in two years. But what might seem like a relatively small uptick — coupled with the fact that the headline number actually declined on an annualized basis — belies a far more significant shift … Read more

Dow books near 1,300-point drop as stocks record worst day since June 2020

The Dow Jones Industrial Average closed nearly 1,300 points lower Tuesday as technology stocks led the market to its worst day since June 11 2020, following an unexpected uptick in August consumer-price inflation. what happened The Dow Jones Industrial Average DJIA dropped 1,276.37 points, or 3.9%, to end at 31,104.97. The S&P 500 SPX shed … Read more