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Dow loses 1100 points after Fed projects fewer rate cuts

Stocks closed sharply lower on Wednesday after the Federal Reserve cut interest rates but expected higher borrowing costs and higher inflation in 2025. . The Dow Jones Industrial Average fell 2.6% from the opening bell, closing down 1,123 points. According to CNBC, Wednesday marked the first time the Dow had a 10-day losing streak since […]

Dow Jones Today: Stocks Slip as Market Pulls Back From Record Highs; Trump Makes Historic Visit to NYSE – Investopedia

Broadcom soars in after-hours trading after strong results 20 minutes ago Broadcom (AVGO) reported fourth-quarter earnings that beat analysts' expectations, sending the stock soaring in after-hours trading Thursday. The company's fourth-quarter revenue rose 51% year over year to $14.05 billion, roughly in line with analyst consensus compiled by Visible Alpha. Net income was $4.32 billion, […]

Dow closes above 45K for first time as Nasdaq, S&P 500 all hit all-time highs

All three major U.S. stock indexes closed Wednesday as tech stocks rallied after upbeat results from Salesforce and comments from Federal Reserve Chair Jerome Powell lifted prices late. The highest value was recorded. The Dow Jones Industrial Average rose 308 points, or 0.7%, to $45,014.04. The S&P 500 Index rose 3.06% to end at 6,086.49 […]

Dow, S&P 500 close at all-time highs, have best month of 2024

The Dow and S&P 500 hit new closing highs in abbreviated Black Friday trading, boosted by some technology stocks as the holiday season begins and all eyes are on retail. The Dow Jones Industrial Average rose more than 300 points to close at 44,910.65, up 188.59 points, or 0.4%. The S&P 500 rose 0.6% to […]