S&P 500 slides closer toward bear market territory as stocks extend losses


U.S. stocks fell deeper into the red Thursday after markets failed to claw back from their worst day since June 2020. The declines extend a recent sell-off in equities ignited by worries the Federal Reserve’s interest rate hikes to rein in persistent levels of inflation may spur an economic slowdown. The S&P 500 slid 0.6%…

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

Articles You May Like

Limited Time 15% Promo!
Canadian lumber production rises in March
Wildfires in Quebec force shutdown of Rio Tinto rail line
WPE Lancaster benefits from Pennsylvania’s formidable hardwoods industry
Starts and Stumbles: The Rocky Road to Europe’s Ambitious Timber Construction Targets
The WOOD ETF Provides Exposure To Lumber Prices (NASDAQ:WOOD)