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The Dow sheds 300 points and bond yields climb amid warnings about the global economy

6 days ago   |   By Business Insider

Mario Tama/Getty Images
US stocks dropped, with the Dow shedding more than 300 points to open Friday's session.
Goldman Sachs slashed its year-end S&P 500 target to 3,600 on expectations of a hard landing.
Meanwhile, Treasury yields climbed to their highest mark in over a decade on Friday.
US stocks tumbled Friday and bond yields continued to climb amid new warnings on the global economy. The Dow lost more than 300 points, and each of the major indexes face their fourth losing session in a row. S&P Global's Purchasing Managers' Index, a broad gauge of economic health, dropped to 48.2 in...
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Wall Street opens lower, heading for another weekly loss

Wall Street opens lower, heading for another weekly loss

6 days ago   |   By Stl Today

Stocks are opening lower on Wall Street as traders worry about slowing economic growth worldwide amid a global effort to fight inflation. The S&P 500 index was down 1.4% in the early going, as was the Nasdaq composite. The Dow...
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Adobe Stock Lost 23% In One Week, What's Next?

6 days ago   |   By Forbes

Adobe's stock dropped 22.9% in the last week, significantly underperforming the S&P 500 .
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Markets Continue Falling As Fall Kicks Off

6 days ago   |   By Forbes

In premarket activity the S&P 500 is trading just over 3720.
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Goldman Sachs cuts its S&P 500 forecast, says stocks will drop over 4% by the year's end as the Fed stays aggressive

6 days ago   |   By Business Insider

Federal Reserve interest rate hikes will weigh on stocks this year, Goldman Sachs warned. Richard Drew/AP Photo
Goldman Sachs on Friday slashed its end-of-year target for the S&P 500 to 3,600 from 4,300.
The Fed's aggressive approach to taming inflation will weigh on stocks, the bank said.
The benchmark US stock index has fallen about 21% as rising interest rates drive a selloff.
Goldman Sachs has cut its year-end target for the S&P 500 , predicting the benchmark US stock index will fall 4.2% as the Federal Reserve sticks to its aggressive tightening. The Wall Street bank dropped the...
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Goldman cuts year-end S&P 500 target to 3,600, sees it falling even further in 'hard landing'

7 days ago   |   By CNBC

Goldman Sachs cut its year-end target for the S&P 500 to 3,600 from 4,300. It implies that the index will fall 4% through the end of the year.
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