Stocks tumbled on Friday in a broad selloff as US bond yields rose and rate hike fearsresurfaced. Friday’s halt in Wall Street’s summer rally came as minutes from the Federal Reserve’s Julymeeting and comments from…
Posts Tagged#Stockmarket
US Stock Market Picking Up. Will it last?
Stocks rose sharply on Friday making it the fourth straight positive week for the S&P 500 as investors celebrated reports of inflation cooling to 8.5% in July.The S&P 500 rose 3.25% on the week and…
Welcome Relief For Investors On Wall Street
Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market. The week’s gains come as investors…
US Stock Market Strengthens With Wins On Wallstreet
Wall Street has enjoyed a strong week for markets, as traders absorbed higher-than-expected second-quarter corporate earnings. On Friday, the S&P 500 touched the 4,000 level, which it hasn’t hit since June 9, before coming back…
U.S. Stock Market Stabilized After Brutal Sell-Off
U.S. stock markets stabilized over the week ending July 8 after a brutal selloff in the first half of the year against the backdrop of a surge in inflation, the Ukraine conflict, and the Fed’s…