Stay updated with breaking news from Mark Hackett. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/YQKJ6LVBDJDNPIB2XYU5I7SDGI.jpg)
Wall Street slammed the brakes on its big rally following disappointing profit reports from companies and warnings that the market had simply gone too far,...
Wall Street hit the brakes on its big rally Wednesday after disappointing profit reports from companies and warnings that the market has moved too far, too fast.
Wall Street’s monster-sized rally since Halloween is easing off the accelerator. The S&P 500 was down 0.8% Wednesday after shedding an early gain, though it remained near its all-time high.
The S&P 500 slumped 1.5% for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 points, or 1.3%, from its record high, while the Nasdaq composite sank 1.5%
Real-time index price for Nasdaq Telecommunications Index (IXTC), along with buy or sell indicators, analysis, charts, historical performance, news and more