The 2022 market has been an expectation breaker so far, with the Nasdaq and Tesla selling off hard. Here's what to do now. Read More...
Reuters
Wall Street’s Fed headache lingers as stocks decline, Treasuries gain
BOSTON (Reuters) -Wall Street’s headache over the potential of a relatively fast pullback from stimulus by the U.S. Federal Reserve lingered Thursday as stocks sold off again and government bond yields mostly marched higher. The Dow Jones Industrial Average fell 170.64 points, or 0.47%, to 36,236.47, the S&P 500 lost 4.53 points, or 0.10%, to 4,696.05 and the Nasdaq Composite dropped 19.31 points, or 0.13%, to 15,080.87. Stocks fell sharply in Asia and Europe too after Wall Street’s technology-heavy Nasdaq index plunged more than 3% on Wednesday.
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