Wall Street plunges as recession fears grow - Economic Times

6/16/2022 12:00:00 AM2 years 10 months ago
by Reuters
by Reuters
Growth stocks were hit hard with the S&P growth index down 3.75% while the Nasdaq Composite saw its fifth decline of 4% or more since the start of May.Hopes the Fed could engineer a soft economic landing are fading and Wells Fargo analysts now see a greater t…
U.S. stock indexes closed sharply lower on Thursday in a broad sell-off as recession fears grew following moves by central banks around the globe to stamp out rising inflation after the Federal Reser… [+2661 chars]
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