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The Dow Jones Industrial Average lost over 150 points, and the S&P 500 and the Nasdaq Composite also dropped. A Chinese probe into Nvidia pulled equities lower in Monday's session.
Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
The Dow closed above 44,000 and the S&P 500 closed above 6,000 for the first time on Monday. Bitcoin soared 8% to hit a record high as crypto's post-election rally continued.
On a day when U.S. markets fell broadly due to renewed trade worries, Fastenal jumped on strong earnings, while Cedar Fair slid after reporting a decline in park attendance.
On a record day for the major benchmarks, Illumina issued a warning, and Novartis and Amgen reported the failure of an Alzheimer's drug.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Major benchmarks pulled back after the Federal Reserve raised interest rates, but SurveyMonkey stock soared following its IPO. Nike fell despite strong results. What Happened in the Stock Market Today
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