Yahoo Finance Live's Jared Blikre breaks down how stocks are moving as U.S. recession concerns continue to linger.
Yahoo Finance Live’s Brian Sozzi discusses the chipmaker slowdown as consumer demand for PCs continues to decline.
The Federal Reserve has already raised interest rates three times this year in an effort to stamp out inflation, and it started reducing its balance sheet in June as another means of cooling the overheated economy. Unfortunately, rampant inflation has already taken a toll on the stock market. The benchmark S&P 500 and tech-heavy Nasdaq Composite have plunged 20% and 29.5%, respectively, from all-time highs.