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

Sept 27 (Reuters) – The S&P 500 (.SPX) fell to its lowest level in almost two years on Tuesday on worries about super aggressive Federal Reserve policy tightening, trading below its June trough and leaving investors appraising how much further stocks would have to fall before stabilizing. Stocks have been under pressure since late August … Read more

Fed officials stare down market volatility, say inflation remains paramount focus

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – US Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping US stocks to currency turbulence abroad, and said their priority remained controlling domestic inflation. Asked at a Washington Post event whether he felt US investors had … Read more

Wall St Week Ahead Investors wonder when vicious sell-off in US stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, September 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked US stocks and bonds, and many investors are bracing … Read more

Stocks tumble, dollar soars and bonds plunge as recession fears grow

Dow poised to confirm bear market MSCI All-World index hits 2-year low Dollar reaches new two-decade high Sterling and gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – US and European stocks tumbled on Friday, the dollar scaled a 22-year high and bonds sold off again as fears grew that a central … Read more

Wall Street ends down for third day as growth concerns weigh on tech

Register now for FREE unlimited access to Reuters.com Register Tech stocks down in aftermath of Fed’s latest rate move Investors concerned about the possibility of recession Darden Restaurants falls on downbeat quarterly sales JetBlue posts lowest close since March 2020 Indexes down: Dow 0.35%, S&P 0.84%, Nasdaq 1.37% Sept 22 (Reuters) – Major Wall Street … Read more

Japan intervenes to stop yen slide, after BOJ keeps rates super low

BOJ keeps ultra-low rates, dovish policy guidance Japan’s FX diplomat said he took ‘decisive’ action Confirmation of intervention sends dollar sliding over 2% Analysts doubt whether Tokyo can keep propping up the yen Bank of Canada says did not help BOJ TOKYO, Sept 22 (Reuters) – Japan intervened in the foreign exchange market on Thursday … Read more

US appeals court says Trump criminal probe can resume classified records review

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 21 (Reuters) – The US Justice Department can resume reviewing classified records seized by the FBI from former President Donald Trump’s Florida home pending appeal, a federal appellate court ruled on Wednesday, giving a boost to the criminal investigation into whether the records were … Read more