Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5%
Stocks reversed Wednesday’s rally and then fell back toward their lowest levels of the year.
Financial News
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
Wednesday’s rate hike will push the federal funds rate to a range of 0.75%-1%.
The Fed is expected to raise rates by a half point. Investors wonder if it will get more aggressive
Investors are focused on whether the Federal Reserve will signal an even more aggressive rate-hiking path going forward.
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips into recession.
Stock futures are flat after the Nasdaq posts worst month since 2008
U.S. stock index futures were flat in overnight trading on Sunday.
Berkshire earnings decline in the first quarter on slowing economic growth, stock market pullback
Warren Buffett’s Berkshire Hathaway reported Saturday a decline in first-quarter earnings, as the conglomerate was not immune to a slowing U.S. economy.
Dow tumbles more than 900 points and the Nasdaq drops 4% on Friday to close out a brutal month
U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in the technology-led sell-off.
Apple shares dip after Tim Cook warns of a possible $8 billion hit from supply constraints
Apple reported earnings after the bell. Here are the results.
Facebook shares spike on better-than-expected quarterly earnings
Meta, the company formerly known as Facebook, reported earnings after the bell. Here are the results.
Alphabet reports weak earnings and revenue on big YouTube miss
Alphabet reported earnings after the bell. Here are the results.