Tag Archives: Economic events

Dow tumbles 700 factors into bear market territory, units a brand new low for the 12 months

Shares tumbled on Friday to shut out a brutal week for monetary markets as surging rates of interest and international forex turmoil raised fears of a worldwide recession. The Dow Jones Industrial Common fell by 713 factors, or 2.4%, falling beneath 30,000 to a brand new low for the 12 months. The 30-stock index is now down 20%… Read More »

The week in assessment, the week forward — Sept. 2, 2022

The S & P 500 completed decrease Friday, at its lowest shut since July, after mounting an try at back-to-back positive factors earlier within the session. The primary two days of September, which has traditionally been the worst month of the yr for shares , have been combined following a tough August, which has sometimes been a strong… Read More »

The week in evaluation, the week in advance  — Aug. 19, 2022

The significant supply criteria all drew back this previous week, with the Nasdaq dropping 2.6%, the S & P 500 off 1.2%, as well as the Dow Jones Industrial Standard down fractionally. The S & P 500’s once a week decrease damaged a four-week winning touch. Adding to the pullback was a retail sales number that can be… Read More »