The S&P 500 sank 5% in a very bad week for stocks. These 20 lost up to 24%

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

A profit warning from FedEx, an expensive acquisition for Adobe and fear of the Federal Reserve all weighed on the stock market.

U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against those on Sept. 13, when they sank 4% to 5%.

Investors... U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against those on Sept. 13, when they sank 4% to 5%. Investors have been jittery, reacting to any sign of continuing consumer price increases or economic strength heading into the Federal Open Market Committee’s meeting on Sept. 20-21. The FOMC will make a policy announcement on the 21st, followed by Federal Reserve Chairman Jerome Powell’s press conference.Read: The next financial crisis may already be brewing — but not where investors might expect

Here’s an interesting look at how far Meta Platforms Inc. META has fallen this year, incorporating the company’s own bleak outlook.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Making the Biggest Moves Midday: FedEx, Adobe, Boeing and MoreThese are the stocks posting the largest moves in midday trading.
Source: nbcchicago - 🏆 545. / 51 Read more »