Wall St sees its third consecutive quarterly loss as inflation weighs in and recession looms

Wall St sees its third consecutive quarterly loss as inflation weighs in and recession looms

The S&P 500 shows the highest percentage decline in September in 20 years All three major US stock indices recorded three-quarters of declines Core inflation data higher than expected Down Indices: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK, Sept. 30 (Reuters) – The S&P 500 closed the books on Friday after the steepest September … Read more

UK bond yields drop as Bank of England steps in to buy “whatever scale”

UK government bond yields fell from their highest level in 14 years after the Bank of England said it would buy bonds at “whatever scale” to restore orderly market conditions. 10-year benchmark of profitability of the TMBMKGB-10Y gilts, 4.001%, which is moving in the opposite direction to prices, fell 49bps to 4.03% to drop below … Read more

Wall St deep into a bear market as the S&P 500 hits a new two-year low

The S&P 500 hit its lowest level since November 2020. Interest rate sensitive technologies, growth stocks pay off Energy reserves among the rare gainers Down Indices: Dow 0.56%, S&P 0.48%, Nasdaq 0.20% Sep. 27 (Reuters) – Major Wall Street indices plunged into bear markets on Tuesday as early stock price increases weakened after Federal Reserve … Read more

Stocks falling? No, but here’s why the bear market is so painful — and what you can do about it.

Hashtags about the stock market crash may be popular on Twitter, but the sell-off that plunged US stocks into a bearish was relatively orderly, market experts say. But it is likely to get more volatile – and painful – before the market stabilizes. It was indeed a treat for investors on Friday as the DJIA … Read more