FINANCIAL MARKET  WEEK:  (as of market close June 23, 2023)

Recession fears sent stocks lower during the holiday-shortened week. Each of the benchmark indexes listed here closed in the red, with the small caps of the Russell 2000 and the Global Dow losing over 2.50%.

The downturn ended a three-week rally for the Dow, a five-week winning streak for the S&P 500, and an eight-week surge by the Nasdaq.

Concerns about rising interest rates and slowing economic growth weighed on equities.

Rising inflation in Europe and Asia prompted more interest rate hikes by many central banks, dampening market growth.

Ten-year Treasury yields dipped lower while the dollar eked out a gain. Gold prices

• WALL STREET ENDED LAST TUESDAY LOWER
• STOCK MARKET INDEXES
• LAST WEEK'S ECONOMIC NEWS
• EYE ON THE WEEK AHEAD