S&P 500 in Big Weekly Loss as Tech Bulls Scatter on Rate Hike Jitters By Investing.com

siteadmin January 7, 2022

© Reuters.

By Yasin Ebrahim

Investing.com – The S&P 500 closed down Friday, marking its worst weekly start to a year since 2016 amid pressure from tech stocks as Treasury yields continued to rally on rate hike expectations despite a mixed monthly job report.

The fell 0.4% taking the…

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