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.
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.
Key Takeaways The Dow Jones Industrial Average enters trading Wednesday on a nine-day losing streak, the longest stretch of ...
Unlike more effective indexes, the Dow’s weighting calculations are based on stock price, not market capitalization. That ...
The Dow Jones Industrial Average ended the day down about 1,123 points, or 2.6%, after the Fed indicated in a policy ...
Continued declines in key health and tech stocks are further dragging the Dow lower. The Dow Jones Industrial ...
Wall Street was previously betting on the Fed keeping an aggressive rate-cutting stance through 2025, hoping to extend the ...
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Dow’s drop: How blue-chips have fared during index’s peak turned worst-run in decadesThe Dow so far in December went from hitting a record high to logging a long string of losses. Here's how its stocks have ...
Meet the Dow Jones' Top Performing Stock This Year. It's Climbed 2,300% Over the Past 5 Years, and Its Biggest Catalyst May ...
The Dow, which monitors the worth of the US's largest corporations, has seen a decline for more than a week. Here’s an ...
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