Yahoo Finance's Jared Blikre breaks down how markets opened on Wednesday.
The stock market fared terribly in the first half of 2022 thanks to multiple headwinds that seem to have become stronger as the year has progressed. From Russia's war on Ukraine to rising interest rates to surging inflation and now the possibility of a recession, investors have had several reasons to flee the stock market so far this year. Smartphone sales may be dwindling this year, but that hasn't kept Apple (NASDAQ: AAPL) from increasing its sales thanks to healthy demand for its latest iPhones.
(Bloomberg) -- The delivery times for semiconductors fell by a day in June, a sign of modest relief after chronic shortages that have plagued automakers and other industries for more than a year.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionOil Plummets Below $100 as Recession Risks Come to ForefrontUS Wants Dutch Supplier to Stop Selling Chipmaking Gear to ChinaAmerican Factories Are Making