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Markets Drop Over Fed's New Rate Hikes: Recession Fears Increase

The markets closed ending another week in the red with the Dow, S&P, and Nasdaq all down around a percent. CNBC’s Bob Pisani reports on how the Federal Reserve’s recent interest rate hikes to combat inflation are scaring off investors as recession fears remain high.  » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: Breaking News Alerts: Visit NBCNews.Com: Find NBC News on Facebook: Follow NBC News on Twitter: #Recession #Fed #Nasdaq... ( read more ) BREAKING: Recession News LE