"Markets are just sort of waiting around to see when it happens, and then trying to discount the duration of it. The Dow Jones Industrial Average fell 211.16 points, or 0.6, to 33,536.70. Earlier in the day, the index was up by more than 200 points. The major stock indexes ended the day lower on Monday, after sliding into the close after a choppy day of trading. "Investors are staring at the ground right now worried about a shutdown," said Jamie Cox, managing partner at Harris Financial. The Dow Jones Industrial Average shed 38.29 points, or 0.11, to 33,646.50. House Republican leaders sent the chamber into recess on Thursday. "Investors are getting used to these higher rate levels and what that means for risk assets going forward."Ĭoncern also grew around a government shutdown, which could dent consumer confidence and slow down the economy further. "That's starting to raise some eyebrows for investors," said Charlie Ripley, senior investment strategist at Allianz Investment Management. The broad market index fell 0.47 to 3,951.39, while the tech-heavy Nasdaq Composite lost 0.66 to close at 11,379.48. Meanwhile, the 2-year rate touched its highest level since 2006. The S&P 500 and Nasdaq Composite closed lower on Wednesday. The Dow Jones Industrial Average rose 37.63 points. The benchmark 10-year Treasury yield popped to its highest level since 2007 this week. The S&P 500 fell Tuesday, at the start of the holiday-shortened week, as bond yields climbed and investors weighed the economic outlook for 2023. The blue-chip Dow slid 1.9% on the week.īond yields surged after the central bank forecasted one more rate hike for 2023. Twice a week, in a fifteen-minute live program only. That marked the third straight negative week and worst weekly performance since March for each. CNBCs Futures Now is the first multi-platform media experience entirely devoted to the futures market. The S&P 500 and the technology-heavy Nasdaq Composite have dropped 2.9% and 3.6% this week, respectively. The losing streak came as investors reacted to a signal from the Federal Reserve that it intended to keep interest rates higher for longer. The Dow Jones Industrial Average slid 288.87 points, or by 0.83, to 34,618.24. Real-time quote of the DJIA (Dow Jones Industrial Average) and broader market information from CNNMoney. Stellantis also traded slightly higher, while General Motors finished lower.įriday's slide marked the fourth straight day of losses for the three major indexes. Stocks fell Friday as investors wrapped up a volatile week ahead of the Federal Reserve’s policy meeting. The Dow Jones Industrial Average advanced 524.29 points, or. Personal Loans for 670 Credit Score or Lowerįord ended the day up 1.9% after a source told CNBC that the auto giant was making progress in negotiations with the striking United Auto Workers union. Stocks finished Thursday higher as strong results from Meta Platforms boosted tech-related names. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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