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Indexes closed lower on Thursday, dragged by tech stocks after the latest inflation report came in warmer than expected. Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a ...
Image source: Getty Images. The most prudent course of action for investors. To summarize, the consensus estimate says the PCE inflation reading for October will clock in at 2.1%.
Right now, this still feels like things are still in the early AI innings, which is why I think the market can continue its strong run and won't crash net year. Bull markets, on average, tend to ...
By June 16, 2022, the S&P had fallen 23.55% from 4,796 to 3,666, though it was unknown if the index would plunge below the level. The DJIA fell 18.78% since its January 4 high, while the Nasdaq Composite fell 33.70% from its November 19 high. [10] [11] On September 13, 2022, the S&P 500 experienced its largest single-day drop since June 2020. [12]
3 This was the Nasdaq's close at the peak on August 27, 1987. 4 This was the Nasdaq's close at the peak on March 10, 2000. 5 This was the Nasdaq's close at the peak on October 31, 2007. 6 The Nasdaq first traded above 5,100 on March 10, 2000; however, it took over 15 years for the Nasdaq to finally close above 5,100.
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025. STAN CHOE. ... and the Nasdaq composite skidded 716.37 to 19,392.69.
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Contracts on the technology-heavy Nasdaq Composite fell by 0.6%. The yield on the benchmark 10-year U.S. Treasury note moved upward and briefly touched 4% Wednesday. Crude oil traded higher, with ...