Stock market slides as election rally cools
The post-election surge in U.S. stock markets lost momentum this week, with the S&P 500 down 2% amid investor uncertainty over economic policies under President-elect Donald J. Trump. This marks a sharp reversal from last week’s 4.7% gain, driven by election clarity, expectations of business-friendly policies, and a Federal Reserve rate cut.
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 ...
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
The Associated Press - Business News on MSN9d
Stock market today: Most of Wall Street rises after the Fed cuts interest ratesU.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will ...
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
The Fed’s announcement that it was easing its main interest rate by a quarter of a percentage point caused few ripples in ...
The market cooled as Wall Street experienced a sharp reality check following Donald Trump's win in the presidential election.
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