Dow Sinks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NEW YORK — Dow sinks 1,000, or 3%, as markets worry that the Fed's plans to fight inflation with higher rates will slow the economy.

Dow Sinks and Treasury Yields Spike on Powell's Inflation Comments TheStreet 3/4/2021 © TheStreet Dow Sinks and Treasury Yields Spike on Powell's Inflation Comments Stocks finished sharply lower Thursday after Federal Reserve Chairman Jerome Powell said that a recent surge in Treasury yields caught his attention but that the central bank would be patient before changing policy even if inflation were to tick higher. Popular Searches At one point the Dow was down as much as 722 points, or 2.3%. Leading the Dow lower on Thursday were chipmaker Intel , down 2.6%, and home-improvement retaile...

Stocks Tumble as Wall Street Gripped by GameStop Trading Frenzy TheStreet 1/29/2021 © TheStreet Stocks Tumble as Wall Street Gripped by GameStop Trading Frenzy Stocks finished sharply lower Friday amid the continued retail-trading frenzy on Wall Street, and the S&P 500 was on track to post its biggest weekly decline since October. Popular Searches An announcement from Johnson & Johnson that its single-shot coronavirus vaccine was 66% effective in a large late-stage trial did little to stem the losses in equities. The health-care giant's stock fell 3.6%. The Dow Jones Industrial Average ...

Dow Tumbles 600, 2.2%, as Fed Says Pace of Recovery Has 'Moderated' TheStreet 1/27/2021 © TheStreet Dow Tumbles 600, 2.2%, as Fed Says Pace of Recovery Has 'Moderated' Stocks finished lower Wednesday after the Federal Reserve kept rates near zero, maintained its bond-buying program at the current pace, and said it saw signs that an economic recovery "has moderated in recent months." The Dow Jones Industrial Average ended down 633 points, or 2.05%, to 30,303, the S&P 500 slumped 2.57% and the Nasdaq dropped 2.61%. Equities had their worst day since October. Stocks had been lower Wednesday...