Stock Market Today: Dow trims gain after Fed cuts rates, signals fewer cut going forward
The Cboe Volatility Index, which trades under the ticker symbol VIX, was down 4% at slightly more than 15, according to FactSet data, at last check. The VIX was trading slightly below its 200-day moving average, based on FactSet data around midday Wednesday.
Stock market today: Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025
Meanwhile, the Dow has been on its longest losing streak in roughly a half-century, spoiling the mood of what has been a near-universal rip-roaring rally in 2024. The blue-chip index has been left behind in a tech-focused bump lately.
The Dow Jones Industrial Average was losing 370 points, or 0.8%, to trade near its session low of 43,336 as of 3:20 p.m.
Dow down for ninth straight session, longest downward streak since 1978 ...
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Ed Yardeni said the Fed could move forward with a hawkish interest rate cut next week after sticky inflation data.
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In recent trading: Major indexes declined. A lower close marked the Dow industrials' longest streak of daily losses since Oct. 1974. Nissan stock surged in Tokyo, while Honda fell, after two of ...
The Dow Jones Industrial Average fell almost 250 points on Tuesday in what could be its longest losing streak since the 1970s ...
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