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Thunder sweep past Grizzlies into NBA playoffs 2nd round, Cavs on brink
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South Korea's Ryu and Japan's Saigo share LPGA Chevron lead
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Canada leaders make closing pitches in campaign upended by Trump
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De Bruyne's Man City exit 'so difficult' for Guardiola
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'No regrets' for Amorim over Man Utd move
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Lyon and Strasbourg win to close in on Europe, Montpellier relegated from Ligue 1
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Toulouse thrash Castres as Top 14 pursuers stumble
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Djokovic crashes to nervous Arnaldi in Madrid opener, Swiatek advances
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Olympic champs Russell, Davis-Woodhall win at Drake Relays
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Browns end Sanders long draft slide
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Cavs crush Heat, on brink of NBA playoff sweep
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Fire rages after major blast at Iran port kills 8, injures hundreds
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Kiwi Beamish wins Penn Relays 1,500m crown with late kick
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Mbappe on Real Madrid bench for Clasico Copa del Rey final
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England survive France fightback to seal Women's 6 Nations slam
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Palace sweep past Villa to reach FA Cup final
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CAF appoint Moroccan Lekjaa first vice-president
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Major blast at Iran port kills 5, injures hundreds
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Rodgers vows to stay with Celtic after fourth successive Scottish title
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Ipswich relegated as Newcastle, Chelsea boost top five bids
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Canada leaders make final pitches in campaign upended by Trump
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Mullins -- Ireland's national training treasure
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US, Iran say progress in 'positive' nuclear talks
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Mullins emulates O'Brien with second successive trainer's title
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Ipswich relegated after one season in Premier League
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Just Stop Oil activist group holds final march
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Djokovic crashes to nervous Arnaldi in Madrid opener
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Syria's Kurds demand 'democratic decentralised' Syria
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Leverkusen win to delay Bayern and Kane's title party
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Buenos Aires farewells native pontiff with tears and calls to action
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Turkey's opposition says Erdogan's canal plan behind latest arrests
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Maresca hails 'nasty' Chelsea as top five bid stays alive
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Trump raises Putin doubts after Zelensky talks at pope's funeral
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Major blast at Iran port kills 4, injures hundreds
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Napoleon's sword to be sold at auction in Paris
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Iran, US discuss nuclear deal in third round of talks
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Buenos Aires farewells native pontiff with call to action
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Warholm sets hurdles world record at Diamond League, Holloway shocked
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US students 'race' sperm in reproductive health stunt
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Wikileaks founder Assange joins crowds for pope funeral
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Leader Marc Marquez claims Spanish MotoGP sprint victory
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Celtic win fourth successive Scottish Premiership title
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Jackson ends drought as Chelsea boost top five push
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Warholm sets 300m hurdles world record in Diamond League opener
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Major blast at south Iran port kills 4, injures hundreds
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Russia says retook Kursk from Ukraine with North Korean help
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Francis laid to rest as 400,000 mourn pope 'with an open heart'
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Trump, Zelensky meet on sidelines of pope's funeral
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'Shared loss': Filipino Catholics bid Pope Francis farewell
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Families unable to reunite as India-Pakistan border slams shut

US stocks fall again, sending Nasdaq nearer to dreaded 'bear' market
Wall Street stocks tumbled again Friday following a plunge in Netflix shares that sent the Nasdaq further into correction territory, spurring questions of just how far the market will fall.
After a bruising session on European bourses, all three major US indices fell, led by the Nasdaq which lost 2.7 percent on Friday alone.
The tech-focused index is down about 15 percent since its November record, midway between the 10 percent loss considered a correction and nearing the 20 percent drop that qualifies as a "bear market."
"We're still pretty far from a bear market, but if we start to see signs that higher interest rates are slowing the economy, you could easily pass from a correction to a bear market," said Gregori Volokhine of Meeschaert Financial Services.
Friday's session was dominated by the spectacular fall in Netflix, which ended with a loss of more than 20 percent after it projected it would add only 2.5 million subscribers in the first quarter of 2022, a sharp slowdown compared with earlier gains in the pandemic.
Netflix results "particularly spooked" technology-focused stocks on Friday, said Ross Mayfield, analyst at Baird.
"There's a sense now that the consumer is kind of renormalizing their behavior and shifting spending to services," he said.
That feeling "set off a chain reaction of what the next year to five years of consumer spending might look like versus what we would have thought beforehand."
- Fear factor -
Stocks have been under pressure so far this year after the Federal Reserve shifted to a more restrictive monetary policy path that will include interest rate increases, with the first expected in March.
The Fed is scheduled to meet next week amid intensifying concerns about accelerating inflation that has spurred debate on how many times the central bank will raise the benchmark lending rate in 2022.
"The mood in the markets has been progressively getting worse recently as traders are preparing themselves for the prospect of the Federal Reserve hiking interest rates three or four times this year," said David Madden at Equiti Capital.
CFRA Research still expects solid US growth in 2022, but recently trimmed its forecast slightly to 4.2 percent based on an outlook that includes four rate hikes, said chief investment strategist Sam Stovall.
The S&P 500, the most broad-based of the major indices, has fallen 8.3 percent from its last record.
Based on how stocks have historically responded to monetary policy shifts, Stovall estimates the S&P 500 could fall about 15 percent.
But a drop of twice that amount is also possible, depending on whether equities end up more or less generously valued compared with history, he said.
"The question is how scared investors are likely to be?" Stovall said. "But I don't know the answer."
- Key figures around 2240 GMT -
New York - Dow: DOWN 1.3 percent at 34,265.37 (close)
New York - S&P 500: DOWN 1.9 percent at 4,397.94 (close)
New York - Nasdaq: DOWN 2.7 percent at 13,768.92 (close)
London - FTSE 100: DOWN 1.2 percent at 7,494.13 (close)
Frankfurt - DAX: DOWN 1.9 percent at 15,603.88 (close)
Paris - CAC 40: DOWN 1.8 percent at 7,068.59 (close)
EURO STOXX 50: DOWN 1.6 percent at 4,229.56 (close)
Tokyo - Nikkei 225: DOWN 0.9 percent at 27,522.26 (close)
Hong Kong - Hang Seng Index: UP 0.1 percent at 24,965.55 (close)
Shanghai - Composite: DOWN 0.9 percent at 3,522.57 (close)
Euro/dollar: UP at $1.1344 from $1.1312 late Thursday
Pound/dollar: DOWN at $1.3553 from $1.3600
Euro/pound: UP at 83.67 pence from 83.17 pence
Dollar/yen: DOWN at 113.70 yen from 114.11 yen
Brent North Sea crude: DOWN 0.6 percent at $87.89 per barrel
West Texas Intermediate: DOWN 0.5 percent at $85.14 per barrel
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Y.Nakamura--AMWN