Stocks Extend Pullback to Two-Month Lows
Listen now
Description
A continuing slump in semiconductor shares burdened the technology sector, fueling a fifth straight daily drop for the S&P 500 index and Nasdaq Composite.
More Episodes
Fed policy leaders held benchmark rates unchanged as expected, but Powell encouraged investors by saying further increases are unlikely.
Published 05/01/24
Published 05/01/24
The S&P 500's five-month winning streak ended after unwelcomed inflation measures and a drop in consumer confidence fueled widespread selling.
Published 04/30/24