{
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stocks decline as dow experiences longest losing streak since 1978

U.S. stocks fell on Tuesday, with the Dow experiencing its longest losing streak since February 1978, dropping for the ninth consecutive session. Investors are cautious ahead of the Federal Reserve's policy announcement, anticipating a 25 basis point rate cut, while economic data shows solid consumer spending. The S&P 500 and Nasdaq also declined, though Tesla's stock rose significantly after a price target increase.
Reuters
United States Dollar Tesla, Inc. Pfizer Inc. USA Jerome Powell Richard Chang Jason Ware Lisa Pauline Mattackal Brendan Mcdermid Purvi Agarwal Show more
Finance & Economy, Market Report
22:24 17.12.2024

nasdaq reaches record high as investors await fed rate decision

The Nasdaq reached a record high as investors anticipated a Federal Reserve rate cut, with a 95.4% probability for a 25 basis point reduction. The S&P 500 also rose, buoyed by gains in major tech stocks, while economic indicators showed a decline in manufacturing activity. Retail sales data is expected to provide further insights ahead of the Fed's decision.
Reuters
United States Dollar Honeywell International Inc. Alphabet Inc. Tesla, Inc. Super Micro Computer, Inc. USA Lisa Pauline Mattackal Purvi Agarwal Show more
Finance & Economy, Market Report
22:00 16.12.2024
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