US stock market sees worst first-half slide in 50 years

7/1/2022 2:45:00 AM

Wall Street stocks fall and record worst first six months since 1970 amid recession fears and Federal Reserve's bid to curb inflation.

Wall Street, Us

Stocks plummet and S& P 500 sees worst first half in more than half a century as US data shows persistently high inflation pinching consumer spending

Wall Street stocks fall and record worst first six months since 1970 amid recession fears and Fed eral Reserve's bid to curb inflation.

Wall Street stocks have fallen, a fitting end to a bruising first half of 2022, finishing solidly lower after US data showed persistently high inflation pinching consumer spending.The broad-based S&P 500 finished at 3,785.38 on Thursday, down 0.9 percent for the day and a loss of more than 16 percent for the last six months, the worst first half of a year since 1970.

The Dow Jones Industrial Average shed 0.8 percent to 30,775.43, while the tech-rich Nasdaq Composite Index tumbled 1.3 percent to 11,028.74.The market has fallen most of the year, breaking the trend only in late March and for other brief stretches in a fairly steady retreat.

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A series of bad inflation readings have prompted the US Federal Reserve to undertake increasingly aggressive measures to try to rein in growth and pricing pressures.Unclaimed Baggage makes a stop in Jacksonville Beach JACKSONVILLE BEACH, Fla – Ever wonder what happens to all the luggage that is lost or unclaimed across the country? A company called Unclaimed Baggage reclaims all lost luggage from airlines and other travel businesses to resell, repurpose or recycle the contents.By Tuesday afternoon, medical examiners had potentially identified 34 of the victims, said Bexar County Commissioner Rebeca Clay-Flores, who represents the district where the truck was abandoned.Step up your protein game.

(Reuters) Wall Street stocks have fallen, a fitting end to a bruising first half of 2022, finishing solidly lower after US data showed persistently high inflation pinching consumer spending. The broad-based S&P 500 finished at 3,785. The storefront is based in Scottsboro, Alabama, but on Tuesday, the “Found Treasures Mobile Museum” made a stop at the Seawalk Pavilion in Jacksonville Beach.38 on Thursday, down 0. The bodies were discovered Monday afternoon on the outskirts of San Antonio in what is believed to be the nation’s deadliest smuggling episode on the U.9 percent for the day and a loss of more than 16 percent for the last six months, the worst first half of a year since 1970.” Guests open an orphaned suitcase, which could contain anything from gym clothes to a live rattlesnake. The Dow Jones Industrial Average shed 0. include chicken, turkey, Greek yogurt, cottage cheese, and quality whey protein powder or protein bars, says D'Angelo.

8 percent to 30,775. Other experiences include “Finders Keepers,” a game inspired by “Let’s Make a Deal” where guests can win prizes found in orphaned luggage. More than a dozen people were taken to hospitals, including four children.43, while the tech-rich Nasdaq Composite Index tumbled 1.3 percent to 11,028. This gives the airlines enough time to do everything they can to get the luggage back to their rightful owners.74.S. The market has fallen most of the year, breaking the trend only in late March and for other brief stretches in a fairly steady retreat.5% of the time in reuniting these lost bags,” Sonni Hood, spokesperson for Unclaimed Baggage, told News4JAX.) Fruits and veggies are nutrient-dense, low in calories, and rich in antioxidants.

A series of bad inflation readings have prompted the Federal Reserve to undertake increasingly aggressive measures to try to rein in growth and pricing pressures. Two weeks ago, the central bank enacted supersized three-quarters of a point interest rate hike, the biggest increase in nearly 30 years.” Also traveling with the team is “Hugo,” a replica of the 1965 Chevrolet pickup truck that picked up the company’s first batch of luggage in 1970. With little information about the victims, desperate families of migrants from Mexico and Central America frantically sought word of their loved ones. Markets are weighing whether to expect the same thing in July. READ MORE: 'Bear market' strikes Wall Street as stocks, bonds, crypto plummet Recession fears  Commerce Department data showed spending rose just 0. Unclaimed Baggage is one of Alabama’s top tourist attractions and makes charitable contributions of products and donations to organizations in need.2 percent in May, less than half the increase in April and part of a steady downward drift as consumers pull back amid surging prices. About 30 people had reached out to the Mexican Consulate looking for loved ones, officials said. RELATED:.

The report also showed that the price index rose 6. About the Author:.3 percent compared to May 2021, the same annual pace as in the prior month — a positive sign in the Federal Reserve's battle against inflation. But when inflation is taken into account, the data show a decline in real consumer spending, analysts said. Eva Ferrufino, spokeswoman for Honduras’ foreign ministry, said her agency is working with the Honduras consulate in south Texas to match names and fingerprints and complete identifications. "Inflation came in a little bit better than expected today but probably not good enough to prevent the Federal Reserve to raise interest rates 75 basis at the next meeting," said Tom Cahill of Ventura Wealth Management. "At the same time we had the personal spending coming in negative for the month in real terms," Cahill said.

"People are starting to get the sense that perhaps the Federal Reserve is going to push the economy into recession. But it turned out that one of the identification cards he shared on Twitter had been stolen last year in the southern state of Chiapas." READ MORE: .