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…
Nine days of decline in the Dow Jones Industrial Average has not been recorded since Jimmy Carter was in the White House, nearly a half century ago. Since December 4, 2024, when the Dow hit a record high of 45,014.04,…
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.…
Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in NYSE, the declined 2.58% to hit a new 1-month low, while the index declined 2.95%,…
U.S. stocks plummeted in one of their worst days of the year after the Federal Reserve forecast Wednesday it may deliver fewer shots of adrenaline for the economy in 2025 than it had earlier projected. The S&P 500 fell 178…
