Stock futures are pointing higher Thursday following a steep downturn yesterday sparked by news that the Federal Reserve expects to make fewer interest rate cuts next year. Futures tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq were…
US stock futures pointed to a rebound Thursday from the previous day’s sell-off that was fueled by a hawkish outlook from the Federal Reserve on its path for interest rates. Futures tied to the S&P 500 (ES=F) were up 0.5%,…
What’s New The Dow Jones Industrial Average reported its longest losing streak in 50 years this week, after tumbling 1,123 points or 2.6 percent on Wednesday—a record in itself, as it was the biggest point drop since September 2022, Forbes…
How are stock-index futures trading: Dow Jones Industrial Average futures increased 124 points, or 0.29%, to 42,905 S&P 500 futures increased 16 points, or 0.27%, to 5,956 Nasdaq 100 futures increased 37.25 points, or 0.16%, to 21,536 On Wednesday, the…
The Dow Jones Industrial Average (^DJI -2.58%), one of three major U.S. stock market indexes, had declined in nine straight trading sessions as of Tuesday, Dec. 17. The last time the Dow Jones strung together a losing streak that long…
U.S. stocks looked set to pare back some of their losses on Thursday after Federal Reserve Chair Jerome Powell put a lump of coal in markets’ Christmas stocking by signaling that sticky inflation means investors shouldn’t expect deep rate cuts…
Photo: Spencer Platt (Getty Images) The Dow Jones Industrial Average and other indices declined sharply after the Federal Open Market Committee announced a quarter percentage point reduction in interest rates on Wednesday afternoon and just two more interest rate cuts…
Rate-sensitive stocks plummeted on Wednesday after the Federal Reserve scaled back its forecast for future interest rate cuts and projected inflation would run hotter than previously expected next year. The Fed cut rates by 25 basis points on Wednesday, as…
Topline The blue chip Dow Jones Industrial Average staggered to its lengthiest stretch of declines since 1974, a rut marked Wednesday by a sharp broader selloff tied to a hawkish update from the Federal Reserve regarding further interest rate cuts.…
New York CNN — The Dow plunged Wednesday on a disappointing outlook from the Federal Reserve. In the process, the blue-chip index extended its losing streak to 10 days — the longest such stretch since Gerald Ford was president. The…
