Wednesday, December 18, 2024

Breaking: Stocks plunge after Fed signals rate-cut slowing in 2025, Dow in longest losing streak in five decades

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Wed Dec 18 2024

Dow loses 1,100 points on disappointing interest rate news

NEW YORK, NEW YORK - DECEMBER 29: People walk through the Financial District by the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. The Dow was up slightly in morning trading in what has been a strong year for the stock market despite many economists predictions that the American economy would experience a recession. (Photo by Spencer Platt/Getty Images)

Other indexes tanked, as well.

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