*WALL STREET ENDS TUMULTUOUS WEEK WITH STRONG RALLY AS SUPERSIZED FED RATE HIKE FEARS WANE -
and the Dow both snapped five-day losing streaks, and all three indexes ended below last Friday's close.
Consumer prices in June showed the highest annual growth rate since 1981, raising chances that the Fed could raise its key fed funds target rate by 100 basis points, steeper than the 75 basis point hike previously expected. Those fears were calmed by remarks from Fed officials on Thursday and Friday, which indicated an interest rate increase of 75 basis points is likely in the cards.
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Wall St ends tumultuous week with strong rally as rate hike fears waneU.S. stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fueled by upbeat earnings, strong economic data and easing fears of a larger-than-expected interest rate hike by the Federal Reserve.
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2022 British Open: Justin Rose withdraws from 150th Open at St. AndrewsJustin Rose withdrew from the 2022 British Open citing a back injury. He was replaced by Japan's Rikuya Hoshino.
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2022 British Open second round: Tee times, TV channel, streaming info for Friday at St. AndrewsAmerican golfer Cameron Young is the leader after the first day of action at St. Andrews in Scotland.
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St. Francis Wood earns historic designation, sparks backlashSt. Francis Wood was added to the National Register of Historic Places — the culmination of a years-long campaign. But housing activists say the designation will deter future housing development and preserve a landscape that fosters racial segregation.
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