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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.
The S&P 500, Dow and Nasdaq jumped by about 1% intraday. A day earlier, the S&P 500 dropped 2.8% on Tuesday for its largest decline in seven weeks, with technology shares especially slammed.
The Dow has fallen by around 1,000 points over the last three days alone — and the negative momentum didn’t let up Thursday. The Dow closed 331 points lower, or 0.9%.
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 ...
On a day stocks edged lower, Amazon topped a trillion dollars in market capitalization, and Transocean announced acquisition plans.
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
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