Dow falls 1,100 points on disappointing Fed interest rate news
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872. The Nasdaq Composite lost 3.6%, closing at 19,393. The S&P 500 and Nasdaq have traded at or near record highs in recent days, partly in anticipation of a rate cut by the Fed.
The Dow tumbled more than 1,100 points, or 2.6%, reversing what was a 150-point gain prior to the Fed’s 2 p.m. announcement ...
Wall Street was previously betting on the Fed keeping an aggressive rate-cutting stance through 2025, hoping to extend the ...
NEW YORK — An NYPD lieutenant in police headquarters who earned more than $400,000 last year has put in her retirement papers ...
Unlike more effective indexes, the Dow’s weighting calculations are based on stock price, not market capitalization. That ...
The Dow Jones Industrial Average fell for a ninth straight day on Tuesday, its longest losing streak since 1978.
Barron's on MSN2h
Dow Tanks as Powell Sends Shockwaves. This Is No Time To Panic.And Fed officials were far more hawkish with four not wanting to cut, a relatively large dissent. The S&P 500, Dow Jones ...
The last time the Dow fell for 10 days in a row, Gerald Ford was president. But the Dow on Wednesday is in danger of ...
uk.investing.com on MSN13h
Dow Inc. shares rise after Evercore ISI upgrades to 'outperform'Shares of Dow Inc (NYSE:DOW). rose on Wednesday during pre-market trading following an upgrade from analysts at Evercore ISI.
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