{
Jeffrey Roach

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Dow Jones faces nine-day losing streak ahead of Federal Reserve decision

Stocks fell on Tuesday, marking the Dow Jones' first nine-day losing streak since 1978, with the index down over 250 points. Investors are anticipating the Federal Reserve's final interest rate decision of the year, with expectations of a quarter-point cut amid mixed signals from retail sales data. Nvidia's stock continued to decline, nearing bear market territory, while Tesla reached a new record high.
Markets Insider
United States Dollar Tesla, Inc. NVIDIA Corporation USA Jeffrey Roach Elon Musk
Finance & Economy, Market Report
22:25 17.12.2024

dow jones marks longest losing streak since 1978 ahead of fed meeting

The Dow Jones Industrial Average closed lower for the ninth consecutive session, marking its longest losing streak since 1978, as investors await the Federal Open Market Committee's interest rate decision. Despite a mixed economic outlook, a rate cut is expected, with a 95.4% probability of a 25 basis point reduction. Apple and Tesla stocks are on the rise, with Apple reclaiming its title as the world's largest company and Tesla experiencing significant gains post-election, driven by optimistic projections for future growth.
Kiplinger.com
Tesla, Inc. Apple Inc. USA Samik Chatterjee Jerome Powell Scott Anderson Dan Ives Vijay Rakesh Jeffrey Roach Nick Timiraos Show more
Finance & Economy, Market Report
22:07 17.12.2024
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