{"id":2510,"date":"2022-06-17T12:24:24","date_gmt":"2022-06-17T16:24:24","guid":{"rendered":"https:\/\/liferep.net\/?p=2510"},"modified":"2022-06-17T12:24:24","modified_gmt":"2022-06-17T16:24:24","slug":"friday-june-22-2022","status":"publish","type":"post","link":"https:\/\/liferep.net\/?p=2510","title":{"rendered":"Friday June 22, 2022"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.cnbc.com\/markets\/\">MARKETS<\/a><\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Stocks slip on Friday as the S&amp;P heads for its worst week since March 2020<\/h1>\n\n\n\n<p><\/p>\n\n\n\n<p>Top market watchers weigh in on whether there\u2019s another leg down for stocks, or the tightening effects have been priced in<\/p>\n\n\n\n<p>Stocks slipped on Friday as Wall Street attempted to find its footing after a brutal week of selling.<\/p>\n\n\n\n<p>The Dow Jones Industrial Average dipped 10 points, or 0.03%, while the S&amp;P 500 inched 0.1% lower and the Nasdaq Composite traded 1.2% higher.<\/p>\n\n\n\n<p>Stocks were volatile in Friday\u2019s trading, switching between gains and losses. It comes as investors grow increasingly worried about a potential economic slowdown. Several key pieces of economic data fell short of forecasts this week, ranging from May retail sales to housing starts. Additionally, the Federal Reserve raised its benchmark interest rate by the most since 1994.<\/p>\n\n\n\n<p>Market volatility could be heightened Friday thanks to \u201cquadruple witching.\u201d This refers to the simultaneous expiration of stock index futures, single-stock futures, stock options and stock index options. This event happens once a quarter and typically leads to a surge in trading volume, making for choppy trading action as traders close out positions.<\/p>\n\n\n\n<p>\u201cIt\u2019s clear that there\u2019s still some volatility and that\u2019s a situation that\u2019s going be with us for a while given the rising uncertainty,\u201d said John Canavan, lead analyst at Oxford Economics. \u201cI do think that after the extreme moves that we\u2019ve seen over the past week, it\u2019s sort of an exhausted market looking to a three-day weekend and just trying to find a place to settle in.\u201d<\/p>\n\n\n\n<p>The S&amp;P 500 is down 6% and could be headed for its worst weekly performance since March 2020. All 11 of its sectors are at least 15% below their recent highs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>MARKETS Stocks slip on Friday as the S&amp;P heads for its worst week since March 2020 Top market watchers weigh in on whether there\u2019s another leg down for stocks, or the tightening effects have been priced in Stocks slipped on Friday as Wall Street attempted to find its footing after a brutal week of selling. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2510","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts\/2510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2510"}],"version-history":[{"count":1,"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts\/2510\/revisions"}],"predecessor-version":[{"id":2511,"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts\/2510\/revisions\/2511"}],"wp:attachment":[{"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}