Tampa_Bay
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- Apr 19, 2022
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Dow Sinks 981 Points, as Wall St Ends 3rd Losing Week
Stocks plummeted Friday as the sharp, recent surge in interest rates weighed on Wall Street.
www.newsmax.com
Wall Street slumped to a lower close on Friday, ending a whipsaw week of surprise earnings news and increased certainty around aggressive near-term interest rate rises, which also pushed them into negative territory for the week.
It was the third straight week of losses for both the S&P 500 and the Nasdaq, while the Dow Jones posted its fourth weekly decline in a row.
Thanks a lot Senile Joe, your incompetance is destroying America