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The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more than 2.5%. Tesla fell 6% after reporting deliveries.
Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.
"Possible dovish surprises could include a more concerned take on the labor market or any suggestion that the high level of the fed funds rate is inappropriate in light of the progress made on ...
U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.
Stock market news live updates: Stocks end mixed as S&P 500 retreats from record high; Dow drops 324 points, or 0.9%
Investors see the Fed's easing as a positive sign for the economy and the stock market. US stocks closed mostly lower on Friday, but finished the week higher by just over 1% for the S&P 500 ...
Stock market news live updates: Stocks end mixed as tech rout extends: Nasdaq drops 0.5% while Dow gains 195 points, or 0.6% ... is going to be more dovish than it is today.” — 4:07 p.m. ET ...
Stocks wavered on Tuesday, with investors assessing this week's bond market sell-off that pushed the 10-year to its highest level since July. Stock market today: Indexes end mixed as traders ...