» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 47 | NO. 9 | Friday, February 24, 2023

Wall Street closes out a chilling February with another dip

Print | Front Page | Email this story

NEW YORK (AP) — Stocks drifted to a weak close on Wall Street, closing out a rocky February.

The S&P 500 lost 0.3% Tuesday, and the Dow Jones Industrial Average and the Nasdaq composite also fell. Treasury yields were mixed.

After a hot start to the year bolstered by hopes that inflation was on the way down, the stock market shifted into reverse this month.

A stream of data showed that inflation and the overall economy remain more resilient than expected. That's forced investors to raise their forecasts for how high the Federal Reserve will take interest rates.

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