News Formal

Stocks close lower, Dow sheds more than 250 points to snap six-day win streak

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Stocks traded lower Monday, pausing a January rally as investors braced for the busiest week of earnings season and a possible interest rate hike from the Federal Reserve. The Dow fell 0.77%. The S&P 500 dropped 1.30%. The Nasdaq tumbled 1.96%.

Shopify

The first quarter will likely mark a turning point for the market – and its upward trajectory probably won't continue, he said. The strategist's comments arrive as stocks take a breather from their latest run. Still, the S&P 500 is up more than 5% for the year, while the Nasdaq Composite has bounced more than 9%. The Dow Jones Industrial Average is up about 2.3% in 2023.

Barring any major surprises, Chief Investment Strategist Chris Senyek expects Powell's tone to be more hawkish than expected as he attempts to rein in the "vicious rally" across the market. Senyek said that he sees "two potential paths ahead: there's a "soft landing", but the Fed hikes to 5%+ and stays there at least into 2024, or the Fed does end up cutting this year, but it's because the U.S. is hurtling toward a deep recession. Either way, big disappointments are likely!"

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Will it go up from March?

Markets: 'We better let some steam off or Powell will do 50'

Dont invest in ATT or DirekTV!

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

U.S. stocks end lower, Dow snaps six-day win streak as Fed decision loomsU.S. stocks ended lower Monday, with the Dow Jones Industrial Average snapping a six-day win streak, as investors brace for the outcome of the Federal...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Jim Cramer's Investing Club meeting Monday: Dow stocks, Fed, FordInvesting Club: 3 investing lessons from the Club’s meeting Friday: Dow stocks, Fed, Ford
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Dow futures tick lower as investors brace for Fed, earnings By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES POINT TO SHARPLY LOWER OPEN AS WALL STREET BRACES FOR FED RATE HIKE, BIG TECH EARNINGS $DIA $SPY $QQQ 🇺🇸🇺🇸 Shit show
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

U.S. stocks open lower as investors brace for Fed meeting, earnings delugeU.S. stocks opened lower on Monday as traders took profits before the Federal Reserve is expected to hike interest rates by 25 basis points. The Dow Jones Industrial Average retreated by 75 points, or 0.2%, to 33,903:
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Dow futures drop 200 points as Fed decision, tech earnings awaitU.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »