dow jones industrial average

Dow slides over 400 points as interest-rate worries keep jittery investors on edge

Conflicting expectations on the size and timing of interest rates have kept the market on edge since the start of this year.

Dow plunges over 600 points as Wall Street worries rates will stay high

The Dow had its worst day of 2024. The weakness was widespread and overshadowed another blowout profit report from market heavyweight Nvidia.

Dow closes above 40K milestone for the first time ever — its fifth straight weekly gain

Strong corporate results and inflation and other economic data have bolstered investor hopes for Fed rate cuts this year.

Dow breaks 40,000 for first time ever as optimism for Fed rate cut grows

Wall Street is bullish over the prospect of interest rate cuts by the Fed as well as strong earnings reports by blue-chip companies.

Fed urges patience on rate cuts after key inflation index higher than expected

Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose more than expected in April.

Dow surges over 500 points then plunges after Fed hints next move is rate cut

The Fed concluded its two-day monetary policy meeting by letting the Fed funds target rate stand at 5.25%-5.50%.

Dow tumbles over 500 points as investors on edge ahead of Fed rate decision

US labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate...

Dow tumbles nearly 400 points as new inflation fears dent hopes of Fed rate cut

Adding to losses, US economic growth slowed more than expected in the first quarter.

Dow, Nasdaq surge as investors brace for Big Tech earnings

Tesla, Meta Platforms, Alphabet and Microsoft will be in focus this week as the companies gear up to deliver their quarterly numbers. 

Dow tumbles nearly 500 points on weak bank earnings, inflation concerns

has now lost roughly 5% off its record high after flirting with the 40,000 barrier to close out March.

Hot inflation data hurt chance of June rate cut as Dow plunges over 400 points

Traders slashed bets of the Fed cutting interest rates in June after the CPI report, estimating the central bank will wait until September before cutting rates.

Dow drops 500 points after Fed officials spook investors with cloudy rate-cut outlook

Stocks were higher earlier in the day following jobless claims data that helped to underpin rate-cut hopes.

Wall Street sinks on rate worries as health care stocks and Tesla tumble

The S&P 500 was 0.9% lower in afternoon trading and on track for a second drop after setting an all-time high to close last week.

Wall Street hits record highs as rate-cut hopes flourish, chipmakers rally

Stock indexes had closed higher on Wednesday after central bankers indicated they still expect to ease interest rates by three-quarters of a percentage point by the end of 2024.

Dow leaps 400 points to a record close as Fed vows rate cuts are on the way

Strategists said Wall Street was reassured by Fed Chair Powell's comments.

Dow plunges more than 400 points ahead of Fed testimony as Apple slams Nasdaq

An AI-fueled rally on Wall Street ran out of steam at the start of this week as focus turns to fresh cues on the Fed's monetary policy path after signs...

Dow plummets more than 500 points on heels of hot inflation data

The Dow Jones Industrial Average plunged more than 500 points on Tuesday after hot inflation data for January dimmed hopes that the Federal Reserve would begin cutting interest rates next...

Dow pares losses, still plunges nearly 300 points after Fed chair's rate comments spook markets

Investors also took a breather after Wall Street's recent bull-market run that saw the benchmark S&P 500 and the blue-chip Dow ending at record high levels on Friday.

S&P 500 hits a record high after two years of high inflation, recession worries

The index erased the last of its losses since setting its prior record of 4,796.56 at the start of 2022. During that time, it dropped as much as 25%.

Wall Street loses steam on last day of 2023 -- but indexes post double-digit annual gains

The year 2023 was marked by aggressive Fed rate hikes, which were finally halted in September, the US banking crisis in March and an artificial intelligence stocks boom.