Market

Stocks could continue skittish trading until interest rate move calms down

10 days ago   |   By CNBC

The S&P 500 could test the June lows in the next couple of sessions, and some technical strategists see a much lower low before the market bounces.
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Dow plunges 485 points to hit new closing low for the year as interest rate and recession fears roil markets

10 days ago   |   By Business Insider

Traders work on the floor of the New York Stock Exchange Spencer Platt/Getty Images
US stocks tumbled again on Friday, with the Dow plunging more than 500 points.
Markets continued to reel from the Fed's rate hike and hawkish forecasts earlier in the week.
US oil prices sank below $80 a barrel as recession fears rose and the dollar hit a fresh 20-year high.
US stocks sold off for a fourth straight day on Friday as fears of higher interest rates and slowing economic growth continued to roil markets. The Dow Jones Industrial Average entered a bear market intraday after falling 20% from its...
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Alert: Stocks end sharply lower on Wall Street as markets worry that high rates will hurt economies; Dow hits a 2022 low

10 days ago   |   By Chron

NEW YORK - Stocks end sharply lower on Wall Street as markets worry that high rates will hurt economies; Dow hits a 2022 low.
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Recession fears hit Dow as it plummets to 2022 low amid markets sell-off 

10 days ago   |   By Fortune

“Financial markets are now fully absorbing the Fed's harsh message that there will be no retreat from the inflation fight,” wrote one economist.
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Dow Plunges 500 Points: Bear Market Returns As Goldman Warns Recession Would Hit Stocks Harder

10 days ago   |   By Forbes

“The outlook is unusually murky,” Goldman warned as the Dow plunged to the lowest level of the year.
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The Dow slides to its lowest point since 2020, as recession fears grow

10 days ago   |   By Fast Company

In midday trading Friday, the Dow Jones Industrial Index fell more than 20% from its peak earlier in the year, putting it into bear market territory.
A tumultuous year for the stock markets continues, as the Dow Jones Industrial Average tumbled nearly 2.5% on Friday to below 30,000, marking a new low for 2022. In early January, the Dow reached an all-time high of 36,799, and this latest drop means that the index has fallen more than 20% from that peak, putting it into bear market territory, and is the lowest it's been since 2020, after the pandemic crushed the markets.
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Stock market continues long tumble, hitting lows not seen for a year

10 days ago   |   By Washington Post

The Federal Reserve's fight against inflation promises to slow the economy, and Wall Street is roiled
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Phantom Auto Buys Voysys To Boost Remote Operation Capabilities

Phantom Auto software makes it possible to operate a forklift or other industrial vehicle remotely from thousands of miles away. Tuesday, the Silicon Valley startup announced... Read more ...

Does Refinancing Hurt Your Credit?

Does Refinancing Hurt Your Credit?

Before you make any big financial decision, it's crucial to learn how it may affect your credit score. If you're looking to refinance, it's natural to wonder if it might hurt... Read more ...

8 Types Of Mortgages For All Home Buyers

8 Types Of Mortgages For All Home Buyers

As a prospective home buyer, it's just as important to research types of mortgages as the neighborhoods you want to live in. Applying for a home loan can be complicated, and... Read more ...

South Korean Internet Giant Buys Poshmark in $1.2 Billion Deal

With its new acquisition - the company's largest to date - Naver has gained a sizable foothold in North America's secondhand retail market. Read more ...

Egyptian venture capital firm Algebra Ventures hits first close of second...

Last April, Egyptian and MENA-focused venture capital firm Algebra Ventures announced the launch of its $90 million second fund. It was the sequel to its first: a $54 million... Read more ...

UK on brink of gas supply emergency - regulator

UK on brink of gas supply emergency - regulator

Ofgem expects gas shortages in the country this winter The UK may enter a gas supply emergency due to shortages this winter, according to energy regulator Ofgem. “ Due to the... Read more ...

Strikes halt French refineries

Strikes halt French refineries

Protests triggered by spiraling inflation and pension reform could lead to fuel shortages in the country Strikes at French energy company TotalEnergies have dragged on for the... Read more ...

GIC backs Indian EV startup Euler Motors in $60 million funding

Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production... Read more ...

Investors Should Lean on Quality Assets and Diversification to Weather

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Mastercard pushes deeper into crypto with new tool for combating fraud

Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network. Read more ...