Ticker: Wall Street closes its worst week in six months with more losses

Wall Street wheezed to extra losses because it limped to the end of its worst week in six months.

The S&P 500 slipped 0.2% Friday after a late-day swoon erased a modest acquire it had held for a lot of the day. The Dow fell 106 factors, and the Nasdaq composite dipped 0.1%.

It capped an unpleasant slide for the week brought on by Wall Street’s rising understanding that rates of interest seemingly received’t come down a lot anytime quickly. Treasury yields eased a bit after leaping earlier within the week to their highest ranges in additional than a decade.

Bond market yields climbed to their highest ranges in additional than a decade, and accelerated this week after the Federal Reserve indicated it’s unlikely to chop its essential rate of interest by as a lot in 2024 as traders had hoped.

Many states are increasing their Medicaid applications to supply dental care to their poorest residents

A rising variety of states are providing dental care to low-income adults who as soon as needed to depend on charity or the emergency room to deal with their tooth issues.

From Tennessee to Maine, lawmakers have agreed to spend a whole bunch of hundreds of thousands of {dollars} so adults on Medicaid, the federal well being program, can get dental care. The federal authorities doesn’t require that states present such care.

But state lawmakers have come to embrace the concept expanded oral care saves cash and has different well being advantages. Nearly 30 states have begun providing or expanded care previously three years.

Source: www.bostonherald.com”