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NEW YORK (AP) — U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 slipped 0.3% to pull 0.9% below its all-time high set in July.
Stock rally loses steam. The market rally hit the pause button on Wednesday as the Dow Jones Industrial Average (^DJI) and the benchmark S&P 500 (^GSPC) slipped back from all-time highs. The Dow ...
NEW YORK (AP) — Another rout hit Wall Street Friday, with formerly high-flying technology stocks again taking the brunt, after a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy. The S&P 500 dropped 1.7% to close out its worst week since March 2023.
NEW YORK (AP) — U.S. stocks tumbled Tuesday to their worst day since an early August sell-off, as a week full of updates on the economy got off to a discouragingly weak start.
The Standard & Poor’s 500 sank 2.1%, the Dow dropped 1.5%, and the Nasdaq composite fell 3.3%. U.S. stocks tumbled Tuesday to their worst day since an early August sell-off, as a week full of ...
US markets fell in Wednesday trading following the downgrade of US debt from the highest AAA rating to AA+ by rating company Fitch. Fitch cited “a steady deterioration in standards of governance”...
Stock indexes fell. The Dow industrials shed 1.5%. The S&P 500 was down 2.1%. Treasury yields edged lower. The benchmark 10-year yield slipped to 3.843%. Benchmark Brent crude futures tumbled below...
U.S. markets. The S&P 500 fell about 3 percent, its worst decline since September 2022. The technology heavy Nasdaq composite dropped 3.4 percent. Tech stocks. A number of big technology stocks —...
The S&P 500, the broadest measure of the stock market, tumbled Wednesday afternoon, starting just after 2 pm ET. It was on pace to hit a record — its first in nearly two years.
The market is worried that hotter-than-expected inflation will prompt the Federal Reserve to raise interest rates more aggressively, inflicting serious damage to the US economy in the process....