Dow Stumbles More Than 700 Points
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“This data further lends credence to the marginal shift we’re seeing towards a more stagflationary environment,” said Jordan Rizzuto, chief investment officer at GammaRoad Capital Partners.
From New York Post
U.S. stocks are tumbling Friday following discouraging updates on inflation and how much U.S. households may be willing to spend given all the uncertainty about President Donald Trump's escalating tr...
From The Bakersfield Californian
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A brutal quarter for stocks was getting much worse on Friday, with the blue-chip Dow Jones Industrial Average headed for its worst day since March 10, according to FactSet data. "I think right now the market has its back up against the wall,
Stock market selling picked back up on Friday as worries of “stagflation” trickled through Wall Street. The Dow Jones Industrial Average was down 507 points, or 1.2%. The S&P 500 was down 1.5%. The Nasdaq Composite slid 2%.
U.S. stocks tumbled to session lows on Friday, with the Dow Jones Industrial Average falling more than 700 points in early afternoon trading. The Dow was falling 1.7%, while the S&P 500 slumped 2% and the technology-heavy Nasdaq tumbled 2.
The Dow Jones Industrial Average (DJIA) slid on Wednesday as investors remained uncertain about President Trump’s economic plans. That includes
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Ongoing tariff fears and souring consumer sentiment are also pushing stocks lower.
Based on Wall Street analyst estimates for 2025 EPS, Amgen trades at 15 times its projected earnings, while Merck sits at a forward P/E of 10. By this measure, Merck is the cheaper stock and a relative bargain, reinforced by its larger dividend yield of 3.4% compared to Amgen's 2.9%.
The stock market faced a significant downturn on Friday, with the Dow Jones Industrial Average dropping over 700 points. Wall Street is currently navigating through a confluence of economic challenges,
NEW YORK (AP) — Another wipeout walloped Wall Street Friday, as the S&P 500 dropped 2% for one of its worst days in the last two years. It thudded to its fifth losing week in the last six after wiping out what had been a big gain to start the week. The Dow Jones Industrial Average sank 715 points, or 1.7%, and the Nasdaq composite fell 2.7%.
The stock market experienced a significant downturn on Friday, with the Dow Jones Industrial Average plummeting nearly 500 points. This sharp decline was primarily driven by the release of the Federal Reserve’s preferred measure of inflation,
Stock futures were lower on Wednesday, as investors weighed news on President Donald Trump's 25% tariff aimed at foreign cars. Futures tied to the Dow Jones Industrial Average fell 144 points, or 0.3%. S&P 500 futures slipped 0.4% while Nasdaq 100 futures were 0.4% lower.