The Dow Jones Industrial Average rose 137.55, or 0.4%, to 34,721.12. The Nasdaq composite down 186.30, or 1.3%, to 13,711.00. The S&P 500 closed its first losing week in the last four with an up-and-down Friday. Big tech stocks once again led the market lower. The Fed is set to raise short-term interest rates and make it more expensive for U.S. households and businesses to borrow, which in turn would slow the economy and hopefully halt inflation. The fear is it will squeeze the brakes too hard or too quickly and force the economy into a recession, economists at Deutsche Bank earlier this week said they project a . . .
Read more at www.boston25news.com