Laffer Tengler Investments CEO and Chief Investment Officer Nancy Tengler in The Wall Street Journal

Stocks Fall, Pressured by Mounting Recession Concerns

Business activity fell at sharpest rate in more than 2½ years

Stocks fell again Friday, with investors forced to wrestle anew with the prospect of higher-for-longer interest rates and the potential for recession.

The S&P 500 dropped 43.39 points, or 1.1%, to 3852.36 a day after falling 2.5%. Each of the index’s 11 sectors finished in the red.

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