DJIA

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell's remarks

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks

U.S. stocks closed sharply higher Tuesday, after retail sales data for April suggested the economy remained healthy and as investors weighed remarks by Federal Reserve Chairman Jerome Powell. On Monday, the Dow finished less than 0.1% higher, the S&P 500 closed 0.4% lower and the Nasdaq fell 1.2%. The declines followed another losing week for all …

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'Nowhere to hide?' Why stagflation fears put stocks on verge of a bear market

‘Nowhere to hide?’ Why stagflation fears put stocks on verge of a bear market

It will take more than Friday’s big bounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation — a pernicious combination of slow economic growth and persistent inflation. Stagflation is “an …

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