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S&P 500 closes at new 2022 low, as Apple helms broad market sell-off

Por: NBC News Business September 29, 2022

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Stocks resumed their 2022 sell-off on Thursday, sending the S&P 500 to a new low for the year, as fears swirled that a recession won’t stop the Federal Reserve from raising interest rates. The sell-off was broad-based and was led by Apple, which tumbled as a major investment bank downgraded the one-time bear market outperformer. The stock closed down 4.9%. The S&P 500 declined 2.1% to 3,640.47 in a new closing low for the year. During the... + full article



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