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Stocks lose more ground on fears a recession may be looming

Por: Associated Press Business October 07, 2022

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NEW YORK (AP) — Good news on the economy remains bad news for Wall Street, as stocks fell sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely.The S&P 500 ended 2.8% lower after briefly dropping 3.3% as traders weighed a government report showing than economists expected. The Dow Jones Industrial Average fell 2.1% and the Nasdaq composite lost 3.8%. Wall Street is worried the Federal Reserve could... + full article



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