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.
Media Stocks, Markets Plunge On Interest Rate Jitters, Dow Drops 1,100 Points
Media stocks and markets plunged after the U.S. central bank indicated it won’t cut rates as aggressively as markets had ...
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Fed Officials Expect 2 Quarter-Point Interest-Rate Cuts in 2025
Federal Reserve officials see fewer interest-rate decreases in 2025 than they did three months ago, before the recent ...
Interest rate cuts may pause soon, experts say. Here's why
To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...
Americans will likely get one more interest-rate cut before the year closes out
Traders expect the Federal Reserve to cut interest rates this week while the outlook for 2025 under President-elect Donald ...
Hong Kong central bank cuts interest rate, tracking Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by ...
Dow Wobbles Toward Longest Losing Streak Since 1974—Tepid Fed Interest Rate Cut Forecast Triggers Selloff
The blue chip Dow Jones Industrial Average is on the brink of its lengthiest stretch of declines since 1974, a rut marked ...