falls

S&P 500 falls to two-year low, bear market rally dies out

S&P 500 falls to two-year low, bear market rally dies out

Sep 27 (Reuters) – The S&P 500 (.SPX) fell to its lowest level in nearly two years on Tuesday on concerns over the Federal Reserve’s super-aggressive policy tightening, trading below its June low and letting investors gauge how many more shares would need to fall before leveling off. Stocks have been under pressure since late …

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The Dow Jones Falls 500 Points Because Jerome Powell's Fed 'Ain't Gonna Blink'

The Dow Jones Falls 500 Points Because Jerome Powell’s Fed ‘Ain’t Gonna Blink’

It took stock market investors a while to make up their minds, but when the closing bell rang on Wednesday, it was clear they didn’t like what they’d heard from the Federal Reserve and its chairman. Jerome Powell. See: Fed Approves Third Big Interest Rate Hike, Signals More Before Year End Central bankers have also …

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Adobe Stock falls on mixed quarterly report, $20 billion acquisition

Adobe Stock falls on mixed quarterly report, $20 billion acquisition

Digital Media and Marketing Software Company Adobe (ADBE) beat Wall Street’s profit target for its third fiscal quarter on Thursday, but sales were slightly below expectations. It also announced an agreement to acquire Figma, a leading web-based collaborative design platform, for around $20 billion. ADBE stock fell double digits on the news. X The San …

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Markets shudder in the face of dashed inflation hopes;  Dow falls 1250

Markets shudder in the face of dashed inflation hopes; Dow falls 1250

NEW YORK (AP) — The Dow Jones Industrial Average fell more than 1,250 points on Tuesday, its biggest selloff in more than two years, after a government report showed inflation is maintaining a surprisingly strong grip on the American economy. The S&P 500 fell 4.3%, its biggest decline since June 2020. The Dow Jones fell …

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College football Week 2 winners, losers, overreactions: Texas A&M falls flat, USC offense makes a statement

College football Week 2 winners, losers, overreactions: Texas A&M falls flat, USC offense makes a statement

Texas A&M entered the 2021 season ranked 6th in the nation, but finished 8-4 and dropped out of the AP Top 25 at the end of the year. A year later, the Aggies inexplicably started the year at No. 6 again. Unfortunately, giant coaching deals and stellar recruiting classes don’t guarantee immediate success on the …

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