Stock market news lives updates: Stocks slide to 2022 lows amid renewed recession concerns


U.S. stocks sank Thursday as investors weighed the potential economic costs of the Federal Reserve’s ongoing fight with inflation. The S&P 500 fell by 3.25% to 3,666.77, its lowest level since Dec. 2020. It also erased gains after rising 1.5% on Wednesday. The Nasdaq Composite plunged by more than 4%, bringing the index down by…

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

Articles You May Like

Newsom’s office targets San Francisco in first-ever housing policy investigation
Mortgage rates jump up
Mass timber offers new hope for an old industry in the American West
Save communities by thinning forests or hardening structures? – Wildfire Today
Stocks Set for Best Stretch of Year, as Inflation Fears Recede