• Tue. Feb 7th, 2023

Stocks fall, but end off session lows as investors weigh rate hikes, earnings season

Byanna

Jul 15, 2022 , , ,
Boeing stock jumps nearly 8% after maker's commercial-jet deliveries rise more than 50% in Q2


Stocks fell Thursday, but finished well off session lows as investors weighed the size and scope of expected rate hikes and assessed downbeat earnings from JPMorgan Chase & Co. and Wells Fargo. The Dow Jones Industrial Average fell around 143 points, or 0.5%, to finish near 30,630, according to preliminary figures, while the S&P 500 shed 0.3% to close near 3,790 and the Nasdaq Composite eked out a gain of less than 0.1% to end near 11,251. Stocks had fallen sharply in early trade, but losses were trimmed after Federal Reserve Gov. Christopher Waller said he still favored a 75 basis point rate hike when policy makers…



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