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Dow Drops 500 Points, Markets Sink Following Flurry Of Worrisome Economic Data

Forbes LogoForbes6 mo ago

Dow Drops 500 Points, Markets Sink Following Flurry Of Worrisome Economic Data - Forbes

Quick Summary:

Unemployment claim data released Thursday revealed a still-tight labor market, which spells bad news for investors fearful of the Federal Reserve further hiking rates amid its campaign against inflation.


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Article Details

Category: EconomyFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-29 @ 11:44:17 (6 months ago)

News Timezone: GMT -5:00

News Source URL: forbes.com

Language: English

Article Length: 29 words

Reading Time: 1 minutes read

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Forbes

News ID: 622969

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About Forbes

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Main Topics: BusinessFinance

Official Website: forbes.com

Update Frequency: 22 posts per day

Year Established: 1917

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #38

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