Market Extra: Why did the Dow plunge? ‘Stagflationary shockwaves’ destroy a bear-market bounce

Read Time:6 Second

Stocks fail to build on a recent bounce, underlining expectations that stagflation fears will continue to dog the market.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July

Bond yields inched lower early Friday as as Wednesday’s jumbo rate cut by the Federal Reserve continued to be absorbed

The couple is offering a big discount on the 3,016-square-foot Florida dwelling after first listing it a year ago.

This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.

Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate...

The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.