S&P posts 4th straight decline as recession talk weighs on Wall St


The Dow fell 350.76 points to close at 33,596.34, the S&P 500 lost 57.58 points to finish at 3,941.26 and the Nasdaq dropped 225.05 points to end at 11,014.89.

BENGALURU: Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession.

Meta Platforms Inc dragged down markets, with its shares sliding 6.8% following reports that European Union regulators have ruled the company should not require users to agree to personalized ads based on their digital activity.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Wall St , Dow , S&P , Nasdaq , Fed , rates , Meta

Next In Business

Ann Joo to dispose of its 51% stake in waste management firm for RM15mil
MSPO certification rate for oil palm estates reaches 90%
Express Powerr secures contracts worth RM8.3mil for a public transportation project in Sarawak
TMC Life Sciences returns to profitability
YX Precious Metals posts over fourfold jump in 4Q profit
Ringgit higher against US dollar on strong December IPI
Malaysian firms urged to tap opportunities in rapidly expanding Indian market
Malaysian Pacific Industries posts higher 2Q net profit of RM57.09mil
BAT reports higher 4Q25 earnings
CSC Steel sees firmer steel market in 2026, stays disciplined on costs

Others Also Read