Bad news for Biden: Stocks are getting crushed
CNN
President Joe Biden's honeymoon with the stock market is over.
After soaring in Biden's first year in office, markets are off to a dreadful start to 2022. Worries about the Federal Reserve's plan to fight inflation have driven the S&P 500 down 9% so far this year -- all three and a half weeks of it.
The Nasdaq, despite its historic rebound on Monday, finished sharply lower on Tuesday is down again Tuesday and is on track for its worst month since 2008 and its worst January ever.
More Related News
5 things to know for April 24: Foreign aid, Abortion, Campus protests, Armed teachers, Unhealthy air
CNN’s 5 Things brings you the news you need to know every morning.