The Nasdaq composite, a benchmark that’s heavily weighted toward tech stocks, is already in bear market territory — having ended last week down 26 percent from its mid-November record.
Tag: Standard & Poor’s 500-Stock Index
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Stocks Slide, Erasing Wednesday’s Gains
Swings in the stock market have become amplified lately, as investors worry that inflation and fast-rising interest rates could hit spending, profits and — ultimately — economic growth.
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Rising Economic Fear Batters Wall Street
The S&P 500 is heading for its worst monthly decline since March 2020, as rising interest rates and high inflation raise concerns about consumer sentiment.
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Stocks drop 2.8%, led lower by tech, as April’s slump continues.
Big technology companies are set to report earnings starting Tuesday. The S&P 500 has dropped nearly 8 percent this month, its worst monthly showing since March 2020.
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Hot Job Market, an Economic Relief, Is a Wall Street Worry
This year’s decline in stock prices follows a historical pattern: “When unemployment is ultra low, the uppity times are behind us,” a bank research chief said.