Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading.
An improving inflation outlook buoyed investors’ spirits last week, helping lift stocks to solid gains.
Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy.
Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings.
Stocks rallied last week as investor spirits lifted thanks to a better-than-expected start to the second-quarter earnings season.
A record-high inflation report, the prospects of a more aggressive Fed, and growing recession fears sent stocks lower– though losses were pared by a Friday rally.
In a holiday-shortened trading week, stocks rallied despite mixed economic data and vacillating energy prices and bond yields.
Prospects of cooling inflation powered a rally in stock prices last week despite growing recession concerns.
Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data.
A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week.