Stocks stumbled Tuesday, ending sharply lower and erasing the previous session's gains as investors awaited a Federal Reserve rate decision that's expected to deliver another jumbo increase. The Dow Jones Industrial Average DJIA, -1.01% fell around 313 points, or 1%, to end near 30,707, according to preliminary figures.
The S&P 500 SPX, -1.13% dropped 1.1% to finish near 3,856, while the Nasdaq Composite COMP, -0.95% shed 1% to close near 11,425. The Fed is expected to raise the fed funds rate by 75 basis points when it concludes a two-day policy meeting Wednesday, with traders penciling in an outside chance of a 100 basis point move.
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US stocks rise ahead of expected interest rate hike by FedStocks closed higher on Wall Street after swaying between small gains and losses much of the day as investors brace for another big interest rate increase this week from the Federal Reserve.
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Dow gains 200 points as stocks finish higher ahead of September Fed meetingU.S. stocks finished higher on Monday as investors wait for the Federal Reserve to deliver another jumbo interest-rate hike later this week. The Dow Jones Industrial Average gained 197.26 points, or 0.6%, to 31,019.68:
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US stocks rise ahead of expected interest rate hike by FedA choppy day of trading on Wall Street ended with stocks closing higher Monday as investors brace for another big interest rate increase this week from the Federal Reserve. Blame this clown 🤡
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U.S. stocks rise ahead of expected interest rate hike by FedStocks closed higher on Wall Street after swaying between small gains and losses much of the day as investors brace for another big interest rate increase this week from the Federal Reserve Infinitely long can look at three things: how the water flows, as the fire burns, and the Stars and Stripes.
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Stocks Making the Biggest Moves Midday: Tellurian, Wynn Resorts, Snap, Walgreens and MoreTellurian — The liquified natural gas company (LNG) surged 19.4% after Credit Suisse upgraded Tellurian to outperform, saying LNG prices are high and may continue to be for the foreseeable future.
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