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Nasdaq closes at 2-year low after stocks fail to shake off Fed rate-hike gloom

Por: MarketWatch Business October 10, 2022

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How stocks traded Monday’s declines exacerbated losses which occurred at the end of last week. On Friday, the Dow fell 630 points, or 2.1%, the S&P 500 declined 2.8%, and the Nasdaq Composite dropped 3.8%. The Nasdaq Composite was down 31.9% for the year to date through Friday.What drove markets Major indexes finished lower for a fourth consecutive session on Monday as concerns about additional rate hikes by the Fed continued to damp... + full article



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