Wall Street Ends Week With A Volatile Session, S&P 500 Posts Worst Week Since 2020 | Power Breakfast

view original post

Wall Street Ends Week With A Volatile Session, S&P 500 Posts Worst Week Since 2020 | Power Breakfast

Duration: 05:30 4 hours ago

US stocks closed with a modest bounce on Friday but still suffered the biggest weekly percentage decline in two years as investors wrestled with the growing likelihood of a recession while global central banks tried to stamp out inflation.Stubbornly high inflation has unnerved investors this year as the US Federal Reserve and most major central banks have begun to pivot from easy monetary policies to tightening measures which will slow the economy, possibly causing a recession, and potentially dent corporate earnings.#wallstreetstocks #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday #n18oc_business About CNBC-TV18:

Send MSN Feedback


Please give an overall site rating:

Opens in a new window Opens an external site Opens an external site in a new window