Search / 192 results found

from
to

NEW YORK (AP) — Stocks sank again on Wall Street Friday, knocking the S&P 500 to its worst weekly loss since February, as more steam comes…

  • Updated

Stocks fell broadly on Wall Street Friday, sending the S&P 500 to its worst weekly loss since February. The index fell 1.3% and gave back 1.9% over the course of the week. Banks and other stocks that soared earlier this year on expectations for the economy and inflation were among the biggest losers. Investors are still recalibrating their moves after the Federal Reserve’s signal this week that it may raise rates sooner than expected. Short-term Treasury yields continued to spurt higher, and the Dow Jones Industrial Average had its worst weekly loss since last October. 

Stocks fell broadly on Wall Street Friday, sending the S&P 500 to its worst weekly loss since February. Banks and other stocks that soared earlier this year on expectations for the economy and inflation were among the biggest losers. Investors are still recalibrating their moves after the Federal Reserve’s signal this week that it may raise rates sooner than expected. Short-term Treasury yields continued to spurt higher, and the Dow Jones Industrial Average had its worst weekly loss since October.