The s&p 500 index ended the day down almost 6%, with the nasdaq composite dropping 5.8% and the dow jones industrial average shedding The dow jones industrial average (^dji) was down about 2.6%, or over 1,000 points, The march employment report and federal reserve chairman jerome
Nasdaq Slump Risks New Downtrend; All Eyes on Jerome Powell.
The tech focused nasdaq composite turned down, losing 0.2%.
Magnificent seven stock tesla (tsla) sold off further thursday, on pace to end with a weekly loss.
Indexes closed near session lows. The dow jones industrial average declined 0.5%, while the s&p Wall street ended friday with all three benchmarks more than 3% lower, as federal reserve chief jerome powell's signal that the central bank would keep hiking rates to tame inflation nixed nascent Results related to nasdaq declines on powell's signal overview news videos comments.
Leanie 20 hours ago do something about it 🤔. Dow, s&p 500, nasdaq clobbered as fed, powell signal fewer rate cuts in 2025 posted by news agencies december 19, 2024 stocks were clobbered wednesday after the federal reserve, despite slashing interest rates by 25 basis points, signaled it would cut fewer times next year than previously projected. Stocks were clobbered wednesday after the federal reserve, despite slashing interest rates by 25 basis points, signaled it would cut fewer times next year than previously projected. All three major reversed gains following the decision to end with steep losses.
The dow jones industrial average (^dji) was down about 2.6%, or over 1,000 points, clinching
Powell’s hint at no immediate rate cuts led to declines in s&p 500, dow jones, and nasdaq. Could signal a strong bullish momentum. Conversely, a failure to breach this threshold may catalyze The s&p 500 and nasdaq were on track for six sessions in a row.
After powell’s wyoming speech wall street ends in a hole. Traders work on the floor of the nyse in new york. Stocks are trading higher into the last two hours of the trading session on wednesday, rebounding after recent losses, bolstered by fed chair jerome powell’s testimony [ad_1] stocks were clobbered wednesday after the federal reserve, despite slashing interest rates by 25 basis points, signaled it would cut fewer times next year than previously projected.
All three major reversed gains following the decision to end with steep losses.
