Home » Tag Archives: The Fed

Tag Archives: The Fed

Stocks tumble as weaker forecast sends oil prices lower

U.S. stocks are skidding Tuesday after the International Energy Agency said it expects slower growth in demand for oil this year. That’s pushing the price of oil down and sending energy companies lower. Banks and phone companies are also falling. KEEPING SCORE: The Dow Jones industrial average gave up 243 points, or 1.3 percent, to 18,149 as of noon Eastern ...

Read More »

Fed rate hike jitters and Clinton concerns hit stocks hard

Global stock markets tumbled Monday as investors fretted over the possibility of an imminent U.S. interest rate hike and reacted to the weekend health problems of presidential candidate Hillary Clinton. KEEPING SCORE: In Europe, Germany’s DAX was down 1.8 percent at 10,384 while the CAC-40 in France fell 1.8 percent to 4,412. The FTSE 100 index of leading British shares ...

Read More »