Dow Jones Today: Stocks Close Lower as Federal Reserve Leaves Key Interest Rate Unchanged; Focus Turns to Big-Tech Earnings
Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology companies.
Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
2024 was an excellent year for the major stock market indexes. But the Dow Jones Industrial Average ( ^DJI 0.78%) had just a ...
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ...
Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
Shares of Lam Research rose after the maker of equipment for semiconductor manufacturing issued better-than-expected guidance for the current quarter. The stock was up 5.4%, to $79.33, in after-hours ...
Moderate Valuation of the Dow Jones At the current level, the Dow Jones has a P/E of 26.80X, whereas the S&P 500 has a P/E of 24.68X and the Nasdaq-100 has a P/E of 32.14X. Moderate ...
Stocks were sharply lower Monday afternoon on concerns about the competitive threat that China poses in the race to develop artificial intelligence.
SThree posted a decline in full-year net fees and said it expects the current challenging market conditions to continue hurting business activity through 2025.
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