Live stock market news: Investors dump U.S. stocks, oil falls below $80 level hitting energy stocks | September 22, 2022
Daily Business Briefing
Markets around the world slid on Friday as investors continued to fret about inflation, recession and rapidly rising interest rates.
The S&P 500 fell 2 percent in afternoon trading, putting the index on track for a second consecutive weekly decline. It is also now negative for the quarter; if it persists through the end of the month, it would be the first time since 2008 that the index has had three straight quarters of losses. …