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Dow Drops Nearly 500 Points to Close at New Low for 2022 on Rising Recession Fears
Stocks tumbled on Friday to cap a brutal week for financial markets, as surging interest rates and foreign currency turmoil heightened recession fear.
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Wall Street Enters a Bear Market. Here's What That Means and What You Should Do
Wall Street opened the week with heavy losses that put the benchmark S&P 500 at a level considered to be a so-called bear market. Rising interest rates, the war in Ukraine and China’s economic slowdown are leading investors to reconsider what they’re willing to pay for a wide range of stocks, from high-flying tech companies to industrial conglomerates. Big swings...
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The S&P 500 Is in a Bear Market; Here's What That Means
Wall Street opened the week with heavy losses that put the benchmark S&P 500 at a level considered to be a so-called bear market. Rising interest rates, the war in Ukraine and China’s economic slowdown are leading investors to reconsider what they’re willing to pay for a wide range of stocks, from high-flying tech companies to industrial conglomerates. Big swings...
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A ‘Bear Market' Looms. What Exactly Does That Mean?
“Bear market” is a term used by investors to describe a steep and sustained market downturn. Technically, it’s a drop of 20% or more from recent highs.
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Dow Plunges More Than 900 Points for Its Worst Day Since 2020, Falls for a Fourth Straight Week
Stocks sank on Friday as investors digested disappointing earnings and rising rates, sending the Dow Jones Industrial Average to its worst day since 2020.
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Lauren Simmons Was the 2nd Black Woman to Ever Trade on the NYSE Floor
Lauren Simmons was the youngest woman ever, and only the second Black woman, to trade stocks on the floor at the New York Stock Exchange. Now she hosts the Going Public podcast, which tells the stories of companies seeking an initial public offering. Simmons says after her story inspired people who have been left out of Wall Street, she decided...
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Why Are Netflix and Peloton Growing Slowly?
You use one subscription while you’re active, and another while you’re (most likely) sitting still. So why are Netflix and Peloton looking so similar right now? Both have experienced slower-than-expected growth of subscribers, and that has led to a dip in the companies’ stock prices, says CNBC’s Julia Boorstin.