biggest drop

WASHINGTON | US home sales fell in September to slowest pace in 3 years

WASHINGTON — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally adjusted annual rate of 5.15 … Continue reading WASHINGTON | US home sales fell in September to slowest pace in 3 years

NEW YORK | US stocks slip lower in wobbly trading, but losses ease

NEW YORK — U.S. stocks are mostly lower in unsteady trading one day after their biggest drop since February. A report indicating that inflation remains limited seemed to calm U.S. investors. Following yesterday’s sell-off in the U.S., markets in Asia tumbled and European stocks suffered more modest losses. Bond yields, which have spiked over the … Continue reading NEW YORK | US stocks slip lower in wobbly trading, but losses ease

NEW YORK | US stocks turn higher after report shows modest inflation

NEW YORK— U.S. stocks are slightly higher in unsteady trading one day after their biggest drop since February. A report indicating that inflation remains limited seemed to calm U.S. investors. Following yesterday’s sell-off in the U.S., markets in Asia tumbled and European stocks suffered more modest losses. Bond yields, which have spiked over the last … Continue reading NEW YORK | US stocks turn higher after report shows modest inflation

NEW YORK | Rising interest rates send stocks tumbling; tech plunges

NEW YORK — Global stocks are falling Thursday as interest rates in the U.S. continue to rise. The S&P 500 index is on track for its biggest drop in more than three months as internet and technology companies fall, and the Nasdaq is on track for its worst loss in six months. The yield on … Continue reading NEW YORK | Rising interest rates send stocks tumbling; tech plunges