Financial markets have taken a significant hit in the last week as a result of high inflation figures and an expected interest rate hike by the US Federal Reserve, raising fears of a recession. On Monday, June 13, U.S. stocks entered bear market territory, with the S&P 500, Wall Street’s… Continue reading →
Dow drops 800 points, dropping below 30,000 for the first time in more than a year. The Dow Jones Industrial Average fell below 30,000 on Thursday, as investors worried that the Federal Reserve’s more aggressive approach to inflation might send the economy into a recession. The Dow had rallied on… Continue reading →
The smart money sold equities at the quickest rate on record, sending the S&P 500 into a bear market. Hedge funds watched by Goldman Sachs Group Inc. sold US shares for the seventh day in a row on Monday, with the dollar amount of selling over the past two sessions… Continue reading →
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