S&P slumps amid bank gloom; US dollar up on Fed bets - BNN

Stocks pared losses as comments from a Federal Reserve official brought some relief to traders worried about the odds of an even more aggressive pace of rate hikes plunging the economy into a recession.

Stocks pared losses as comments from a Federal Reserve official brought some relief to traders worried about the odds of an even more aggressive pace of rate hikes plunging the economy into a recessi… [+3578 chars]

full article...