Stocks extended their decline Monday with the Dow Jones Industrial Averages becoming the last major indexes to officially enter a bear market, the latest milestone in 2022 turmoil as the market deepened its slump amid growing fears of a recession
S&P 500 Plunges Into Bear Market Territory
S&P 500 Hits New 2022 & Closes In Bear Market Territory
Stocks sell-off intensified Monday, notching a four-day losing streak with the S&P 500 tumbling into bear market territory as soaring inflation slammed market sentiment over fears recession is looming ahead of this week’s Federal Reserve key FOMC meeting.
The Volatile Slugfest Of Main Street vs Wall Street Alongside Robinhood
Robinhood Markets, the online trading platform that has lured millions of amateur retail traders inadvertently unleashed havoc in the stock market Thursday, when they abruptly changed sides by siding with the Wall Street elite over the stock frenzy with GameStop.
Trump Touts Dow Hitting 30,000
President Trump, joined by Vice President Mike Pence gave brief remarks in the White House briefing room Tuesday touting the Dow hitting 30,000, a milestone nearly 125 years in the making.
Trump Touts June ‘Historic’ Record Jobs Gain
President Trump touted the “historic numbers” of June jobs report, saying the better-than-estimated numbers amid the coronavirus pandemic is evidence that “our economy is roaring back.”
Trump Touts May Surprise Job Number Gains
President Trump touted May’s surprising positive job report that exceeded economists’ expectations on Friday, and predicted the battered economy will start to recover all of the lost jobs amid the coronavirus pandemic by 2021.