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On Thursday, the stock market underwent a bit of a reset, with the Dow falling more than 600 points as America may be entering a new phase of the economy — a slowdown in hiring.
The stock market had hit record after record this year, buoyed by falling inflation and the growing sense that the Fed would shift from its series of aggressive rate hikes and start to rate cuts ...
Market bulls believe earnings can shift the narrative. ... Why stocks are falling to start the new year. Josh Schafer. January 4, 2024 at 8:48 AM. It's early 2024 and stocks are already down.
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12]In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970.
On October 8, the Indonesian stock market halted trading, after a 10% drop in one day. The Times of London reported that the meltdown was being called the Crash of 2008, and older traders were comparing it with Black Monday in 1987. The fall that week of 21% compared to a 28.3% fall 21 years earlier, but some traders were saying it was worse.
Markets seesawed on the first trading day of 2025 as investors grappled with big questions ahead of a change of power in Washington. U.S. stocks jumped in early trading, then zigzagged throughout ...