Nvidia, meanwhile, fell into correction territory.>Sign up for NBC Philadelphia's News Headlines newsletter.sank 0.25%. It was the eighth day of losses for the Dow, marking its longest run of losses since 2018. FollowPeople visit the Nvidia booth during the Apsara Conference 2024 at Yunqi Town in Hangzhou, Zhejiang Province of China, on Sept. 19, 2024.Monday, ending the day about 11% off its closing high of $148.88 reached last month.
Federal Reserve Chairman Jerome Powell speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City.for December. Ninety-three percent of respondents said they see a quarter-point cut coming, but only 63% believe it's what the Federal Reserve should do. Those surveyed also expect there will be just two more quarter-point cuts, down from three in the last survey. That forecast would bring the funds rate down to 3.
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