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VOL. 46 | NO. 35 | Friday, September 2, 2022

Stocks drift lower, extending losses into 4th straight week

The Associated Press

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Stocks drifted lower on Wall Street, extending the market's losses into a 4th straight week.

The S&P 500 fell 0.4% Tuesday. Technology companies posted some of the biggest losses, pulling the Nasdaq composite down even more. The Dow Jones Industrial Average also fell.

Markets are coming off of a three-week losing streak as investors worry about inflation and the Federal Reserve's determination to fight it with high interest rates.

Bed Bath & Beyond fell following the death of its chief financial officer.

ADT jumped after State Farm said it was taking a stake in the home security company.

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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