Strategist: Dow Selloff Reflects ‘Buy the Rumor, Sell the Fact’ on Fed Rate-Cut Signal Thursday’s selloff, which saw the Dow Jones Industrial Average on track for its largest one-day drop since May, was partly attributed to a series of weaker-than-expected economic data. The relationship between economic news and the stock...
The US stock market ended on Tuesday with a decline, as investors weighed corporate earnings and a statement from a Federal Reserve member suggesting a decreased necessity for future interest rate cuts. How stocks traded Last week, stock prices saw an increase, with the S&P 500 finishing on Friday just...
During November, there was a substantial rise in the Dow and S&P 500 of around 9%, while the Nasdaq saw an impressive surge of 10.7%. This increase can be partly credited to the notable decline in bond yields observed in recent weeks. Nevertheless, the 10-year Treasury yield saw a notable...
