Amazon
Nasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Biden Administration
U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
U.S. inflation rose 2.9% in July versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.
Apple
Wall Street Disaster: Dow, Nasdaq Nosedive As Recession Fears Cause Global Sell-Off
Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.
Alphabet
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.