» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 46 | NO. 38 | Friday, September 23, 2022

US stocks slip deeper into a slump as recession fears grow

The Associated Press

Print | Front Page | Email this story

Stocks fell on Wall Street and put major indexes deeper into a slump as recession fears grow.

The S&P 500 fell 1% Monday. The Dow Jones Industrial Average and the Nasdaq also fell.

The losses were broad and included banks, health care companies and retailers. The British pound slumped to an all-time low against the dollar and investors continued to dump British government bonds in displeasure over a sweeping tax cut plan announced in London last week.

Treasury yields continued to rise as the Federal Reserve and other global central banks step up their fight against inflation.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0