Dow Falls 400 Points In Early Trading

Dow falls 400 points in early trading

Stocks resumed their downward slide in early trading Wednesday as investors retreated from the initial optimism that greeted the Federal Reserve's decision the day before to keep interest rates low.

RELATED ARTICLES
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • LinkedIn Shares Slide After Disappointing Outlook
    LinkedIn's surging share price cooled Friday as the social network projected slower revenue growth next quarter following a decision to lower the number of display ads that the website shows. More
  • Stocks surge to new highs after hiring climbs
    A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More
  • Federal Reserve to Continue Stimulus Efforts
    The Federal Reserve said Wednesday that it would continue its stimulus campaign at the same pace it has maintained since December, just as investors had expected. More
  • Empire State Building IPO clears NY legal hurdle
    A legal challenge to an ambitious plan to let the public buy shares in one of New York City's most famous landmarks — the Empire State Building — was cast aside on Tuesday in a ruling by a Manhattan judge. More
BING NEWS:
  • US STOCKS-Wall St edges up ahead of Powell speech
    Wall Street's main indexes inched higher on Tuesday as investors assessed stronger-than-expected producer prices data and awaited a speech by Federal Reserve Chair Jerome Powell for clues on the ...
    05/14/2024 - 3:01 am | View Link
  • US STOCKS-Futures slip after hot inflation data; Powell speech in focus
    U.S. stock index futures turned negative on Tuesday after stronger-than-expected producer prices data dampened hopes of interest rate cuts this year, while investors awaited a speech by Federal ...
    05/13/2024 - 10:03 pm | View Link
  • 'I was tripping all over the place': Preventing falls at home and helping our loved ones stay safe
    More than one-in-four people ages 65 years and older fall each year, according to the National Institute on Aging.
    05/10/2024 - 12:51 am | View Link
  • Dow Jones Industrial Average gains 330 points as investors celebrate rising unemployment claims
    The Dow Jones is up over 330 points on Thursday, climbing 0.85% as the major equity index grinds its way back to record highs approaching 40,000.00. The index found an early price floor near 38,950.00 ...
    05/9/2024 - 9:39 am | View Link
  • Treasury Yields, Dollar Shed Most of Past Month's Gains
    Treasury yields and the dollar extend losses to start a week featuring few data points likely to move markets and lots of Fedspeak. The 10-year is at 4.473% and the two-year at 4.787%, both giving up ...
    05/6/2024 - 11:38 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News