CNBC’s Shomari Stone joins ‘The News with Shepard Smith’ to report on how inflation is jacking up picnic prices this holiday season. Stocks face more downside risk even after a massive sell-off as earnings come under pressure and investors eye altern… On BSE Sensex, a total of 67 stocks rose to new 52-week highs in the afternoon deals.

If the S&P 500—currently trading at 3930—falls to 3837, it would mark a bear market, or a 20% drop from its all-time high, hit in early January. The stock market rallied https://www.ig.com/en/forex/what-is-forex-and-how-does-it-work late Thursday to blot out most of its losses. Investors continued to fret about the impact of inflation and the Federal Reserve’s tighter monetary policy on the economy.

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  • Parkev Tatevosian

    Jul 4,