Stock market news live updates: S&P 500, Nasdaq fall to four-week low as investors weigh bank earnings, inflation data

LBM Daily News

U.S. stocks fell Thursday to cap another losing week on Wall Street as investors digested a flurry of bank earnings and reeled from more red-hot CPI numbers.The S&P 500 and tech-heavy Nasdaq Composite each settled at four-week lows, recording declines of 1.2% and 2.2%, respectively. The Dow Jones Industrial Average retreated from a slight advance…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Record-Breaking Home Prices and Rents Likely to Cool as Interest Rates Climb, Construction Picks Up, and Inequality Widens: The State of the Nation’s Housing 2022
Assam: Industry players, forest dept to harness potential of agroforestry
Australia’s emissions climbed in Coalition’s final year as transport and fossil fuels wiped out gains during Covid
RI Senate leaders save tax break for solar developers with last-minute maneuvering
Mortgage rates continue to move up