Stocks fell in morning trading on Wall Street Friday as major indexes close out a dismal year with lingering concerns about stubbornly hot inflation and a potential recession.
The S&P 500 fell 0.8% as of 10:15 a.m. Eastern. The index, which is considered a benchmark for the broader market by investors, is on track to end 2022 with a 20% loss. That would mark its worst loss since the financial crisis 14 years ago.
