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The Dow managed to narrowly snap a 10-day losing streak, giving up most of its earlier gains to end slightly higher after Wednesday's 1,100-point drop.
US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs.. The Dow was lower by 333 points, or 0.78%, after the closing bell.
The reduced expectations for 2025 rate cuts sent Treasury yields rising in the bond market, squeezing the stock market. The yield on the 10-year Treasury rose to 4.51% from 4.40% late Tuesday ...
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic ...
CBS News 24/7 (formerly known as CBSN and the CBS News Streaming Network) is an American streaming video news channel operated by the CBS News and Paramount Streaming divisions of Paramount Global. Launched on November 6, 2014, it features blocks of live, rolling news coverage, original programs, as well as encore airings of CBS News television ...
The trading halt occurred after the markets reached a drop of 7.2 percent within 15 minutes. The crash temporarily recovered after the Federal Reserve Bank of New York offered at least $1.5 trillion worth of short-term loans to banks for 12–13 March, but the market quickly resumed its decline soon after. [270]
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
Bloomberg Radio is a radio service of Bloomberg L.P. that provides global business news programming 24 hours a day. The format is general and financial news, offering local, national and international news reports along with financial market updates and interviews with corporate executives, economists and industry analysts. [1]