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Late rally not enough to save Wall Street from a fourth straight week of losing, the worst streak since an obscure Japanese trade sparked a global market meltdown

Fortune LogoFortune11h ago

Late rally not enough to save Wall Street from a fourth straight week of losing, the worst streak since an obscure Japanese trade sparked a global market meltdown - Fortune

Quick Summary:

The S&P 500 rose slightly a day after closing more than 10% below its record for its first "correction" since 2023.

Past shutdowns have not been a huge deal for financial markets, with investors pointing to how U.S.economic growth recovered after funding was restored.

Such stocks have been under the most pressure in the recent sell-off after critics said their prices shot too high in the frenzy around AI.Nvidia rose 3.1% to trim its loss for 2025 so far to 11.2%.


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Late rally not enough to save Wall Street from a fourth straight week of losing, the worst streak since an obscure Japanese trade sparked a global market meltdown - Fortune (Picture 1)

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Article Details

Author / Journalist: Stan Choe, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 14:49:10 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 746 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 187 words per sentence (average)

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

Copyright Owner: © Fortune

News ID: 26993986

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 48 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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  • URL: https://beamstart.com/news/late-rally-not-enough-to-17419641519708

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