Federal Reserve

Search:

The Dow bounces back 300 points as Nvidia and Tesla stock surge

found 19 Dec Quartz

qz.com › dow-rebounds-fed-rate-nvidia-tesla-micron-accenture-1851725104

This story seems to be about:

The Dow staged a rebound Thursday morning, following Wednesday’s 1,100-point plunge that marked its longest losing streak since 1974. The upturn came despite investor disappointment over the Federal Reserve’s conservative approach to rate cuts. Other major indices, including the S&P 500 and Nasdaq, also experienced…

Stocks plunge as Federal Reserve's tilt triggers ‘Black Wednesday’

found 19 Dec Euronews

www.euronews.com › business › 2024 › 12 › 19 › stocks-tumble-as-federal-reserves-tilt-triggers-black-wednesday

This story seems to be about:

Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts ahead. Bitcoin slid 5% after Powell ruled out a US crypto reserve tool.

Euro tumbles to a two-year low following Fed's hawkish rate cut

found 19 Dec Euronews

www.euronews.com › business › 2024 › 12 › 19 › euro-tumbles-to-a-two-year-low-following-feds-hawkish-rate-cut

This story seems to be about:

The euro declined against the US dollar to its lowest level since November 2022. The dollar soared after the Federal Reserve delivered its third rate cut of the year and projected a slow easy cycle in 2025.