Stock market news live updates: Stocks finish mixed as investors weigh rate hikes, recession fears


U.S. stocks extended losses Thursday as investors digested earnings and recession talk from Wall Street’s big banks while reeling from shock inflation data that raised the possibility of a 100 basis point rate hike later this month. The S&P 500 and Dow Jones Industrial Average clawed back from session lows of nearly 2% but each…

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!
Dow Falls 130 Points After FDIC Reveals Record Plunge In Bank Deposits
Construction Industry Sees Promising Trends Amidst Market Fluctuations
Biden, McCarthy reach tentative US debt ceiling deal
Lumber Futures – May 31, 2023
Homebuyers taking a pause with high interest rates, low inventory