The dow closed 0.4% higher on monday, while the s&p 500 rose 0.7% and the nasdaq surged 1.3%. With today’s historic rate hike, the fed hopes to make borrowing more expensive. The dow plummeted nearly 900 points in late morning trading…and all 30 dow components were in the red.
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Us stock futures rose ahead of a consequential decision by the federal reserve.
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After hours stock quotes coverage from cnn. That should decrease economic activity, make businesses rethink spending money and make consumer. Stock market data coverage from cnn. It’s been giving investors and market reporters whiplash, and today’s rally shows the volatility is still here.
Us stock futures are pointing up this morning after yesterday’s rebound on wall street. The s&p rose 0.9%, while the dow gained a more moderate 0.5%, or about 160.