22-09-2022 17:49 via macdailynews.com

Tech stocks drag stock market lower on growth concerns

The U.S. stock market’s main indexes fell on Thursday, extending declines for a third straight session, as investors worried that the U.S. Federal Reserve’s aggressive approach to rein in rampant inflation running at forty year highs could officially be labeled the recession in which the U.S. is already technically embroiled.Reuters:Ten of the 11 major S&P sectors declined in early trading, led by industrials and consumer discretionary stocks.Weighing on the S&P 500 and the N
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