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U.S. stocks suffer another week of losses, Dow ends lowest since November 2020 as bond yields hammer equities after Fed rate hike

Por: MarketWatch Business September 24, 2022

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What drove markets U.S. stocks fell sharply Friday as market volatility climbed in the wake of the Federal Reserve delivering a third straight, jumbo interest-rate hike of three quarters of a percentage point on Wednesday. “Recession risks have increased and no one wants to be the last one out squeezing out through the door,” said Russell Evans, managing principal and chief investment officer at Avitas Wealth Management, in a phone interview... + full article



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