Dow Jones

Dow Jones Index Spooked By Powell Comments. What Next?

The Dow Jones Index (INDEXDJX: .DJI)recorded the second successive decline on Wednesday, dropping 44 points as investors reacted to Federal Reserve Chairman Jerome Powell’s hawkish comments. The central bank retained interest rates in the 4.25-4.50% bracket as largely expected, but Powell highlighted the inflationary pressures of trade tariffs as a key concern. According to Powell,…

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Dow Jones

Dow Jones Index Secures 42,000 Points As Tariff Ruling, Nvidia Provide Tailwinds

The Dow Jones Index futures bumped up in the premarket trading on Thursday as traders reacted to a federal court ruling against President Donald Trump’s reciprocal tariffs and upbeat earnings from tech giant, Nvidia. The Index closed Wednesday’s session down by 0.58% after Federal Reserve’s May 6-9 meeting minutes showed that FOMC members were uptight…

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Dow Jones

Trump Tariffs Trigger Worst Stock Market Crash Since 2020: Dow Tanks 2,000 Points

Wall Street just witnessed a financial bloodbath. The Dow Jones Industrial Average (^DJI) crashed more than 2,000 points this week, as escalating trade tensions under Donald Trump’s new tariff threats triggered the worst stock market sell-off since the 2020 COVID-19 crash. Investor sentiment turned sharply negative as fears of a renewed US-China trade war resurfaced,…

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