4-minute read Reuters | NorthJersey.com Trump: I won’t try to replace Fed chief Powell Donald Trump says he won’t try to oust Federal Reserve Chair Jerome Powell. Speaking to NBC News in an interview that aired Sunday, the president-elect said…
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images Stock futures were little changed Wednesday night as investors digested a new, sobering reality for financial markets. Trading was volatile after…
(Reuters) -U.S. stocks plunged on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank’s economic projections signaled a slower pace of cuts next year. According to preliminary data, the S&P…
What’s New The Dow Jones Industrial Average, one of the three U.S. stock indexes, plummeted a little over 1,100 points after the Federal Reserve on Wednesday suggested it would cut interest rates just twice next year, rather than the four…
US stocks plummeted Wednesday after the Fed cut rates but dialed back the outlook for easing next year. The central bank cut rates by 25 basis points but projected only two rate cuts in 2025. Bond yields spiked as markets…
The Dow Jones Industrial Average opened higher but closed lower for a 10th consecutive trading session, and the S&P 500 and the Nasdaq Composite gave up early gains, too, as markets processed what could be the Federal Reserve’s last rate…
Topline The blue chip Dow Jones Industrial Average is on the brink of 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…
The Dow Jones Industrial Average (DJIA) is slipping Wednesday alongside the results from the Federal Reserve’s Federal Open Market Committee (FOMC) meeting. This meeting saw the central bank cut interest rates to between 4.25% and 4.5%, representing a 25 basis…
TOLEDO, Ohio, December 18, 2024–(BUSINESS WIRE)–Owens Corning (NYSE: OC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 15th consecutive year and on the DJSI North America Index for the seventh consecutive year, with industry-leading…
Key Takeaways The Dow Jones Industrial Average notched its longest daily losing streak in more than 40 years when it fell for a ninth straight session on Tuesday. The killing of a UnitedHealth Group executive earlier this month has put…
