Stock Market Today: Dow Bears Sharpen Claws as Recession Fever Spikes

Stock Market Today: Dow Bears Sharpen Claws as Recession Fever Spikes

Stock Market Today: Dow Bears Sharpen Claws as Recession Fever Spikes By Yasin Ebrahim Investing.com -- The Dow closed sharply lower on the week and briefly fell into bear-market territory Friday as investors fret about the potential of a deeper and darker recession amid growing worries that the Federal Reserve will overshoot on rate hikes. The Dow Jones Industrial Average fell 1.6%, or 486 points, and fell into bear-market territory intraday as losses exceeded 20% from the January peak. The …