Major stock indexes fell Wednesday, with the S&P 500 and DowJones Industrial Average on pace for a fourth consecutive decline, as AI bubble concerns resumed and investors digested tepid labor data.
The DowJones Industrial Average (^DJI) added 1%, or around 500 points. The S&P 500 (^GSPC) rose 0.7%, finishing just below a record close. The tech-heavy Nasdaq Composite (^IXIC) gained nearly 0.3%.
DowJonestoday heads toward steep losses: DowJones Industrial Average slid 368 points to 48,048, extending losses as investors digested mixed U.S. jobs data. November payrolls rose 64,000, but unemployment jumped to 4.6%, the highest since 2021. With the Fed signaling caution on rate cuts, markets turned defensive—setting up more volatility ahead.
DowJonestoday: What’s happening right now Early on, major indexes were modestly positive as dip-buying returned to large-cap names, with Reuters reporting the Dow up about 0.2% in early trading as investors positioned for a busy macro calendar.
The DowJones Industrial Average jumped on Wednesday after the Federal Reserve decided to cut interest rates once again this year and as traders bet more easing was ahead next year. The 30-stock ...
The DowJones (DJIA) is trading higher on Wednesday ahead of the highly anticipated Fed interest rate decision. TipRanks Cyber Monday Sale Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
