Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were considering whether the U.S. is moving into a period of higher-for-even-longer interest rates, fueled by continued economic strength and potential inflationary pressures.
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Investing.com-- The S&P500 slipped top to weekly loss Friday, as the post-election rally fizzled out following fresh signs of ...
Nvidia Corp's results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to ...
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