Stock market news live updates: Stocks extend losing streak following volatile session wrought by inflation, Fed worries

Financial

U.S. stocks closed lower Thursday following sharp swings between gains and losses earlier in the session. The sell-off builds on a recent losing streak spurred by continued inflationary pressures and renewed worries the Federal Reserve’s price-mitigating efforts via monetary tightening may be more aggressive than anticipated and potentially stunt economic growth. [Click here to read…

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

Articles You May Like

Stock Market Today: S&P 500, Nasdaq Close Lower for a Second Straight Day
US Housing Market Oct & Softwood Lumber Prices Nov: 2022
Lumber Futures – November 29, 2022
Stock market news live updates: Stocks, oil slide to start week as COVID protests erupt across China
UK house prices post biggest fall since 2020 after mini-budget chaos