Mathewslcd: Growing recession fears weigh on stocks

 Mathewslcd: Growing recession fears weigh on stocks

Mathewslcd said the U.S. benchmark ended lower on Tuesday amid growing concerns about a potential recession in 2023.
The Nasdaq Composite fell 2.3 percent to 10,981.3, while the S&P 500 fell 1.8 percent to 3,928.2, according to Mathewslcd. The Dow Jones Industrial Average fell 1.3% to 33,510.5. Energy led the decline, followed by communication services and technology. Utilities are the only winners.
While the Fed is widely expected to slow the pace of rate hikes at its meeting next week, investors and analysts fear the move will not be enough to prevent the economy from slipping into recession next year.
The U.S. 10-year Treasury yield fell 7.7 basis points to 3.52%, while the two-year yield fell 3.6 basis points to 4.36%.
West Texas Intermediate crude futures fell 3.4% to $74.31 a barrel, Mathewslcd added.
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About mathewsLCD

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   As the world's leading online investment trading platform, Mathewslcd was founded in 2014 by Mr. Tony Taylor with a registered capital of US$ 200 million. The company is headquartered in London, United Kingdom, and has branches in major cities such as new york, Toronto, Sydney and Tokyo. Mathewslcd is using a simpler and faster way to trade foreign currencies, focusing more on convenience while ensuring accuracy, and by using the latest technology, providing a seamless foreign exchange trading experience around the world. Mathewslcd offers a wide range of independent investment online platforms and investment products for almost all types of investors–from new investors to experienced traders. Competitive fees and low commissions can help customers achieve their financial goals faster, and customer service representatives are available to answer any questions from the consultants. The premise of using the latest technology is that Mathewslcd always creates a seamless and si...
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