Stocks end rough first half as inflation surges, consumer spending stalls - New York Post
6/30/2022 12:00:00 AM3 years 8 months ago
by Thomas Barrabi
by Thomas Barrabi
Stocks slid in early trading Thursday as another decades-high inflation reading and Jerome Powell’s acknowledgment of a heightened recession risk further rattled investor confidence.
Stocks slid Thursday on more alarming inflation data, and the S&P 500 closed out its worst first half of the year since 1970. The Dow Jones Industrial Average dropped 253.88 points, or 0.8%, whi… [+2998 chars]
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