Wall Street holds fire, Dow Jones finishes flat, up two points
NEW YORK, New York - Stocks in the U.S. and around the world fell on Wednesday although losses were mostly modest.
"When they take a look at what earnings estimates are for the remainder of 2022 and for 2023, they have not considered a recession in 2023," Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago told Reuters Wednesday.
"There's some adjustment to what earnings estimates will be