» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 46 | NO. 33 | Friday, August 19, 2022

Stocks drift as steadying yields calm Wall Street after fall

The Associated Press

Print | Front Page | Email this story

NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street, as steadying Treasury yields help calm the market following its worst tumble in months.

The S&P 500 slipped 0.2% Tuesday. It's coming off Monday's 2.1% drop, which came on the heels of its first losing week in the last five.

Volatility has returned to Wall Street following what had been a strong summer as worries rise about how aggressively the Federal Reserve will raise interest rates.

Recent comments from Fed officials have cooled hopes for a less forceful Fed.

Yields fell Tuesday following some weaker-than-forecast readings on the economy.

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