Wall Street braces for turmoil ...Middle East

News by : (The Hill) -
The stock market is set to close out a brutal month of losses as Wall Street braces for a rocky second half of the year.   All three major U.S. stock indexes — the Dow Jones Industrial Average, the S&P 500 and the Nasdaq composite — reached bear market status in June, falling at least 20 percent from record highs set toward the start of the year. While stocks sank gradually for much of 2022, the sell-off accelerated in June amid deepening concerns about the economy.   “We were just kind of finding our way along the bottom, and then in June that semblance of a bottom fell out. I think that was a real psychological turn for investors,” said Callie Cox, an investment analyst at eToro,

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