News Formal

Stocks @ Night: Dow's Longest Streak of Declines Since 1974

  • 📰 CNBC
  • ⏱ Reading Time:
  • 55 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 72%

Business News

STOCK MARKET,FEDERAL RESERVE,DOW JONES INDUSTRIAL AVERAGE

CNBC's Stocks @ Night newsletter provides a post-market analysis of today's trading action and a preview of tomorrow's session. Today's report highlights the Dow Jones Industrial Average's longest daily decline streak since 1974, fueled by the Federal Reserve's updated interest rate outlook. The newsletter also examines the performance of other major indices, including the Russell 2000, Nasdaq-100, Nasdaq Composite, and S&P 500, noting their significant losses. It discusses expert commentary on inflation and economic uncertainty, citing DoubleLine Capital's Jeffrey Gundlach's views. The report concludes with a focus on Tesla's performance and the Nasdaq-100's bleak outlook.

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what

TV's Scott Wapner "There is tremendous uncertainty on what's going to happen with inflation, the deficit and the economy." He said he's on guard for "higher inflation through tariffs." When asked about inflation Gundlach said "we are not likely to get to 2% inflation in 2025" and "we will probably start having inflationary pressures towards the middle of 2025.

.com today. One colleague who tracks these kinds of things said "people are just hanging out in the 10-year page today watching it tick." The two-year note hit 4.35% The one-year bill was at 4.3%. The six-month bill yield reached 4.31%. The three-month bill yielded 4.35%. The one-month bill hit 4.32% The U.S. Government There may be less certainty tonight about whether we're in for a government shutdown.

TV's Frank Holland will be watching the shipper's earnings when it reports after the close Thursday. The stock was down 1.5% Wednesday … it is 13% below the July high. FedEx is down 8.4% since last reporting three months ago. The Dollar

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks end flat as Nasdaq extends weekly gains, S&P 500 and Dow dipUS stocks end flat as Nasdaq extends weekly gains, S&P 500 and Dow dip
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks @ Night: Dow's Longest Losing Streak Since 1978CNBC's Stocks Night newsletter analyzes the Dow Jones Industrial Average's nine-day losing streak, its impact on major companies, and the performance of other S&P 500 sectors. The newsletter also explores the rise of mega-cap tech companies and the growing popularity of the Roundhill Magnificent Seven ETF (MAGS).
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street stocks end lower after inflation data, tech stocks push Nasdaq downWall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Source: Investingcom - 🏆 450. / 53 Read more »