Stock market closed lower Friday, Federal Reserve considers rate hikes
Tensions with Russia and Ukraine are weighing on investors while the Fed also signals more rate hikes could come with rising inflation.
Stay updated with breaking news from Peter Essele. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tensions with Russia and Ukraine are weighing on investors while the Fed also signals more rate hikes could come with rising inflation.
Stocks capped a week of volatile trading on Wall Street with a broad sell-off Friday that left the major indexes with their second straight weekly loss.
Stocks capped a week of volatile trading on Wall Street with a broad sell-off Friday that left the major indexes with their second straight weekly loss.
Stocks capped a week of volatile trading on Wall Street with a broad sell-off Friday that left the major indexes with their second straight weekly loss.
Stocks are closing lower on Wall Street Friday, leaving indexes with a second weekly loss in a row after another bout of turbulence shook markets. The S&P 500 fell 0.7%, the Dow Jones Industrial Average lost 0.7% and the Nasdaq fell 1.2%. Investors have been watching the latest developments in Ukraine, where Russia has been amassing troops on the border, as well as more corporate earnings reports. This week investors also received the latest confirmation from the Federal Reserve that it intends to move decisively to fight inflation with higher interest rates. The yield on the 10-year T...