Tag: Profit Warning

Stocks Dip on Inflation Report – Weekly Update

June 13, 2022 | By Steven DiGregorio

Inflation Upends Stocks Stocks gyrated between gains and losses last week until sliding lower on Friday’s hot inflation report, which heightened worries over a more aggressive Fed and a further economic slowdown. Stocks moved higher to begin the week, despite rising bond yields, a profit warning from a major retailer, and Senate testimony by Secretary […] READ MORE