Stocks Fall ... And A Boom Looks Shaky

Stocks Fall ... And A Boom Looks Shaky

By barefooted on Fri, 02/02/2018 - 6:06pm |

For much of the last year, the stock market glided higher, lifted by solid economic growth and corporate profits, low interest rates and few signs of inflation.

That smooth ride might now be ending.

The Standard & Poor’s 500-stock index fell 2.1 percent on Friday, ending its worst week in two years. The Dow Jones industrial average tumbled more than 660 points, or about 2.5 percent.

URL:

https://www.nytimes.com/2018/02/02/business/stock-market-interest-rates.html

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On that page, playing catchup on economic news, I recommend both of these related "RELATED COVERAGE":

by artappraiser on Fri, 02/02/2018 - 8:47pm

I thought about this Missy.

It was just so strange that the 'market' sunk today...or yesterday.

This is a big deal....I think?

Why would the miscreants who run this country, feel bad about their leader?

AMAZING.

by Richard Day on Sat, 02/03/2018 - 8:58am

Current New York Times top stories:

Wall Street Has a Good Day, Ending a Global Stock Slide

By MATT PHILLIPS 9:02 PM ET

After days of sometimes wild moves in stock markets, the S.&P. index ended with a gain of 1.7% as investors refocused on the ongoing strength in the American economy.

Suddenly, It Sinks In: Era of Easy Money Is Finally Ending

By PETER S. GOODMAN 7:11 PM ET

Investors’ sudden shift from euphoria to anxiety followed a realization: Interest rates and borrowing costs may increase quickly.
Ironically, the swoon was triggered by good news: rising wages for workers. But to the markets, it looked like a warning of inflation.

by artappraiser on Tue, 02/06/2018 - 11:47pm

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