LONDON, May 9 (Reuters) – Stocks fell heavily again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors’ fears that the global economy is rapidly heading for a slowdown. After a bruising session on Friday in which U.S. stocks …
Stocks suffer renewed slide on growth fears, dollar extends rally Read More »
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market correction worsened, though the slim-to-modest weekly losses belie the volatile sell-off late in the week as Treasury yields spiked. The Nasdaq undercut a rally attempt and hit its worst levels since 2020. X Eli Lilly (LLY), …
Correction Extends Losses; Why Apple Is An ‘Absolute Loser’ Read More »
Placeholder while article actions load Wall Street’s lugubrious mood dragged into Friday, with the major U.S. indexes on track to extend their losses a day after registering their steepest slump since the beginning of the pandemic. The Dow Jones industrial average fell more than 450 points before recovering some ground, a day after the blue-chip …
Wall Street extends losses after Dow’s 1,000-point thrashing Read More »
