Money

Bank of America lowers S&P 500 target as risk of recession increases with high inflation

Elisabeth Buchwald, USA TODAY Comments Off on Bank of America lowers S&P 500 target as risk of recession increases with high inflation

JPM stock slid after the bank reported a sharp drop in earnings. The Dow and S&P 500 closed down on fears Fed doing a 100 basis point rate hike

     
Elisabeth Buchwald, USA TODAY
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