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Here are four reasons why experts say the stock market is tumbling, along with their advice on what investors should do. The Fed might have waited too long to cut interest rates.
Share. NEW YORK (AP) — U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut to interest rates by the Federal Reserve, kept fading. The S&P 500 dropped 1.3% for its worst day since before Election Day to close out a losing week. The Dow Jones Industrial Average fell ...
On Thursday, the stock market underwent a bit of a reset, with the Dow falling more than 600 points as America may be entering a new phase of the economy — a slowdown in hiring.
The Dow tumbled more than 1,000 points, and the broader market plunged 3% Monday. The Nasdaq, full of risky tech stocks, dropped 3.5%. All of that comes amid a global market selloff.
US stocks took a dive Wednesday as mounting concerns over big tech earnings, rising Treasury yields and political uncertainty drove down all three major indexes.
The S&P 500 (^GSPC) shed almost 1%, while the Nasdaq Composite (^IXIC) dropped nearly 1.2% as Big Tech names led the pair lower. Stocks veered to session lows in afternoon trading after a judge ...
The Dow Jones Industrial Average and S&P 500 ended lower on Tuesday as investors shifted their money to bonds, sensing continued high interest rates.
US stocks closed lower on Tuesday after hotter-than-expected January inflation data spooked markets. All three major indexes closed down more than 1% on the heels of the report.
Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink. Exxon Mobil lost 2.1%, and ConocoPhillips dropped 3.5%. Similar worries about a slowing U.S. economy and a possible recession had helped send stocks on a scary summertime swoon in early August.
Stocks fell sharply across the globe on Monday, as worries about the U.S. economy triggered a worldwide sell-off. The Dow Jones Industrial Average tumbled more than 1,000 points or 2.6%.