Latest Breaking News On - Correction mode - Page 1 : comparemela.com
Decidedly so. on wall street, stock index futures are also down. it was a tough week on wall street. nasdaq shed 2.7%. its correction mode for tech for the recent high. it was the worst week for the dow since october 2020. the worst for the nasdaq and s&p since march 2020. remember then those were battle days. they were worried about bond interest rates, the fed reserve raising interest rates this year to fight inflation. and attention turns this week to the fed. no rate hike is expected this week when the central bank meets. instead, wall street is betting the first one comes in march, and some economists are expecting rapid rate increases after that. the recent blast of winter weather could mean record-high heating costs for some americans this year. the u.s. energy information agency says natural gas that s used to heat nearly half of all u.s. homes is 32% more expensive
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