CLOSING BELL
Wall Street Loses Ground Again
Wall Street racked up more losses Friday, as worries mounted that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to crush inflation. The S&P 500 fell 1.1%, its third straight drop. The Dow Jones Industrial Average dropped 0.8% and the Nasdaq composite lost 1%. The major indexes marked their second straight weekly loss.
NEW YORK (AP) — Stocks are tumbling in disappointment Friday after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon let off the brakes for […]
