Aug 26 Dow Jones drop 3 percent after Fed Chair Powell warns interest rates to stay high By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Stocks closed sharply lower after the head of the Federal Reserve dashed Wall Street's hopes that it may soon ease up on high interest rates in its effort to tame inflation. Continue reading
Jun 30 From the stock market to crypto, a punishing six months for investors By Alex Veiga, Stan Choe, Associated Press It's the worst start to a year for stocks in decades. Bonds are on pace for one of their worst performances in history, and cryptocurrencies have tumbled after soaring last year. Continue reading
Jun 16 Wall Street tumbles again after brief reprieve By Stan Choe, Associated Press Analysts had warned of more big swings given deep uncertainties about whether the Federal Reserve and other central banks can tiptoe the narrow path of hiking interest rates enough to slow high inflation but not so much that they cause… Continue reading
Jun 14 Stocks up and down a day after Wall Street sinks into a bear market By Stan Choe, Associated Press Wall Street is wobbling Tuesday in its first trading after tumbling into a bear market on worries central banks will clamp the brakes too hard on the economy. Continue reading
Jun 13 Watch 6:02 Markets plunge amid fears of sharply higher interest rates Wall Street has gone into meltdown mode over inflation fears and the possibility that higher interest rates are imminent. The Dow Jones Industrial Average, NASDAQ and the S&P 500 all fell significantly. It is now officially a bear market, down… Continue watching
Jun 13 Markets tumble worldwide, bear market growls on Wall Street By Stan Choe, Associated Press The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Continue reading
Jun 10 Stocks tumble after inflation worsens, raising rate fears By Stan Choe, Damian J. Troise, Associated Press Stocks fell sharply on Friday following Wall Street's cold realization that inflation got worse last month, not better, as investors had been hoping. Continue reading
May 20 Watch 5:25 Investors scramble as the S&P 500 dives into bear market territory Financial markets closed out the week with yet another head-spinning day, with one of the main indexes, the S&P 500, plunging for almost three hours into bear market territory, signifying a drop of 20 percent or more from its prior… Continue watching
May 05 Stocks slump 3 percent as worries grow over higher interest rates By Damian J. Troise, Alex Veiga, Associated Press Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation. Continue reading
Apr 27 Wall Street shaky as tech stocks remain volatile By Damian J. Troise, Associated Press Stocks remained shaky in morning trading on Wall Street Wednesday after a big sell-off on tech stocks a day earlier. Continue reading