US stocks plunged, Dow dips below 30,000 as inflation, recession fears mount

US stocks plunged Friday, capping four days of declines and lingering inflation and recession concerns. The Dow Jones Industrial Average fell more than 800 points before recovering at the close of trading, but remained below 30,000 for the first time since June. The Dow Jones Industrial Average fell 483.83 points, or 1.61%, to 29,592.85. The … Read more

Dow closes lower again after Federal Reserve rate hike

US stocks continued their weeklong decline on Thursday after the Federal Reserve raised interest rates. The Dow Jones Industrial Average closed 107.69 points, or 0.36%, to 30,076.09 points. The S&P 500 fell 32.07 points or 0.85% to 3,757.86 and the Nasdaq Composite fell 153.39 points or 1.37% to 11,066.81. Competing concerns about inflation and recession … Read more

Dow falls after Federal Reserve announces rate hike

US stocks fell for the third straight day after the Federal Reserve raised interest rates on Wednesday. The Dow Jones Industrial Average fell 522.52 points, or 1.7%, to 30,183.71. The S&P 500 fell 66.11 points or 1.71% to 3,789.82 and the Nasdaq Composite fell 204.86 points or 1.79% to 11,220.19. The Fed approved its third … Read more

Dow falls amid expected rate hike, Ford falls more than 12%

US stocks plunged a day earlier than the expected Federal Reserve rate hike on Tuesday. The Fed is expected to raise interest rates by at least 0.75% in a bid to stifle inflation, which has raised concerns among investors amid a potential recession. The Dow Jones Industrial Average fell 313.45 points, or 1.01%, to 30,706.23. … Read more

Dow posts modest gains in choppy trading session ahead of Fed meeting

US stocks posted modest gains in Monday’s choppy trading, a day before the Federal Reserve’s highly anticipated policy meeting. The Fed is expected to raise interest rates by 0.75% during its two-day meeting in an attempt to quell inflation fears. The Dow Jones Industrial Average rose 197.62 points, or 0.64%, to 31,019.68. The S&P 500 … Read more

Dow drops more than 1,250 points after inflation report releases, rapid rally

US stocks plunged Tuesday after the August consumer index report showed inflation was higher than expected. The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97. The S&P 500 fell 177.72 points or 4.32% to 3,932.69 and the Nasdaq Composite fell 632.84 points or 5.16% to 11,633.57. It was the worst day for … Read more

Stocks Rising for 4th Consecutive Day, Dow Gains Over 231 Points

US stocks rose for the fourth consecutive day of trading on Monday as investor inflation concerns continue to ease, helping to reverse a three-week slump. The Dow Jones Industrial Average rose 231.47 points, or 0.72%, to close at 32,383.18. The S&P 500 rose 43.33 points or 1.07% to 4,110.69 and the Nasdaq Composite rose 154.10 … Read more

Tony Dow still alive after wife announces his death

Tony Dow was accidentally announced dead by his wife Lauren Shulkind. However, it was later revealed that the actor was being held in a hospice in his own home and that the death announcement was a mistake. Dow’s management team released a statement announcing his death after informing the actor’s wife. However, a few hours … Read more

Crypto Market Follows Dow Plunge, Bitcoin Top Loser Among Big Guys

The crypto market was awash in blood and nearly all the top tokens took a plunge, following the lead of the stock markets. Bitcoin, the king of cryptos, suffered a massive fall, trading below the psychological $37,000. As of Friday, 12:52 p.m. ET, the top coin fell 8.44% at $36,400.35, according to data from CoinMarketCap. … Read more