A one-two punch for the US economy

The outlook for the American economy is suddenly much darker.

News: What you need to know about the markets     A one-two punch for the US economy The outlook for the American economy is suddenly much darker. Read more »   Dozens of Pantene and Herbal Essences shampoos recalled for cancer-causing chemical Procter & Gamble has recalled more than 30 aerosol spray haircare products, including many dry shampoos and dry conditioners, warning that the products could contain benzene, a cancer-causing agent. Read more »   Global M&A dealmaking smashes all-time record to top $5 trillion Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that was set nearly 15 years ago, as an abundance of capital and sky-high valuations fueled frenetic levels of dealmaking. Read more »   Stocks tumble and oil sinks as storm clouds gather over global economy Investors hoping for an easy Christmas week could be sorely disappointed as stocks and oil prices tumble in the face of growing threats to the global economy. Read more »   Goldman Sachs cuts US economic forecast after Joe Manchin rejects Build Back Better Senator Joe Manchin's opposition to the Build Back Better Act prompted Goldman Sachs to swiftly dim its US economic outlook. Read more »   'Going back in time:' How should the media cover the Omicron variant? On Reliable Sources Sunday, CNN's chief media correspondent Brian Stelter emphasized the unknowns of the Omicron variant — and how the media must adjust its coverage. Read more »

Dow Nasdaq S&P -433.28   -199.49   -52.62 34,932.16   14,980.94   4,568.02 -1.23%   -1.31%   -1.14% YTD +14.13%   YTD +16.24%   YTD +21.62%

Biggest Winners Carnival Corp +3.39%   Pfizer Inc +2.59%   Norwegian Cruise Line Holdings Ltd +2.02%   DaVita Inc +1.96% Biggest Losers Nucor Corp -5.82%   Ralph Lauren Corp -5.35%   Synchrony Financial -5.21%   Oracle Corp -5.15%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $69.10 -1.62 / -2.29% Gold $1,790.30 -14.60 / -0.81% 10-yr 1.42% +0.02 Euro $1.13 +0.00 / +0.29%

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