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The Dow Jones Industrial Average was down nearly half a percent at the close, while the Nasdaq Composite Index, which contains more technology stocks, cut early losses to close just 0.2% lower ...
S&P 500, Dow and Nasdaq slide as inflation shows no signs of abating. May CPI inflation accelerated 8.6%, faster than forecasts for 8.2%.
Here's why it's time for the software sector to shine, according to Bank of America. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 3.95% to $80.56 a barrel.
"In America" is a song written and recorded by American music group Charlie Daniels Band. It was released in May 1980 as the lead single from their album Full Moon . [ 1 ] A live music video was released in 2001 shortly after the September 11 attacks .
In 2022, the MSCI World Index index, which tracks developed markets, was down 17.7%. The emerging markets index declined 19.7%. Asia overall was down 20.8% due to a 21.8% decline in Chinese stocks, a 29.1% decline in Taiwan, and a 28.9% decline in Korea. [10]
The market closed with the KSE 100 index down 3.1%. [193] In India, the BSE SENSEX closed 1,942 points lower at 35,635 while the NSE Nifty 50 was down by 538 points to 10,451. [194] The Washington Post posited that coronavirus-related turmoil could spark a collapse of the corporate debt bubble, sparking and worsening a recession. [195]
US markets have had a rough week. The Dow has fallen by around 1,000 points over the last three days alone — and the negative momentum didn’t let up Thursday.
Nasdaq composite: 18,315.59, down 1.01% Here's what else is going on: Two things could still go wrong in the US economy and spark a recession , according to Morgan Stanley.