Markets Wrap: Dow Drops 300 Points as Rate Concerns Stall Postelection Gains
Stocks declined sharply on Friday as postelection optimism faded and concerns about Federal Reserve policy and inflation dampened sentiment.
Stocks declined sharply on Friday as postelection optimism faded and concerns about Federal Reserve policy and inflation dampened sentiment.
U.S. stocks dipped on Thursday as Federal Reserve Chair Jerome Powell’s cautious stance on rate cuts weighed on investor sentiment.
The S&P 500 and the Dow Jones Industrial Average closed near flat on Wednesday as the post-election rally appeared to lose momentum.
Stocks declined on Tuesday as the post-election rally slowed.
The Dow Jones Industrial Average surged over 300 points on Monday, closing at a record 44,293.69 and marking the first time it has crossed the 44,000 mark.
The stock market reached new heights this Friday, capping off its strongest week in a year following Donald Trump’s recent election victory.
On Thursday, the S&P 500 and Nasdaq both continued their upward trend, buoyed by positive sentiment following President-elect Donald Trump’s win and the Federal Reserve's latest rate cut.
On Wednesday, U.S. stocks soared to record highs as investors reacted to Donald Trump’s victory in the 2024 presidential election.
The upcoming U.S. presidential election on November 5 will see former President Trump face Vice Presidential candidate Harris. This article will analyze the current political landscape and the future direction of the U.S. market from four key angles.