Stocks Slide as Home Sales Drop and Jobless Claims Fall

Stocks fall as housing data disappoints, existing home sales decrease
Jobless claims fall to 8-month low, Philadelphia Fed index back in contraction
Fed maintains rate hikes but signals fewer in 2024 than previously forecast
FedEx shares likely in focus after upbeat earnings report
Asian markets end lower following Fed rate projections

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8/23/2023

Bath & Body Works Stock Is Down. Lowered Guidance Overshadows Strong Earnings.

Bath & Body Works stock is down as lowered guidance dampens positive earnings.

8/24/2023

Nasdaq drops 1% as Fed warns rate cuts aren't coming soon: Stock market news today

Stocks fell on Thursday as strong earnings from Nvidia were overshadowed by comments from the Federal Reserve signaling that interest rates will remain elevated for a long time to combat inflation.

8/29/2023

These Stocks Are Moving the Most Today: NIO, AT&T, Heico, 3M, Catalent, Best Buy, and More

Stock futures are down as Wall Street prepares for a wave of economic data and concludes a challenging month for equities.

9/6/2023

Stock market today: Wall Street loses ground as weak stretch continues

Stocks fell in morning trading on Wall Street, with the S&P 500 down 0.7%, as big technology stocks and healthcare stocks experienced losses, while several companies made significant moves after reporting earnings and other updates.

9/15/2023

Stocks Slide but Wall Street Eyes Weekly Gains Despite Earnings Beats

Stocks fell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all declining, but Wall Street is on track for a winning week.

9/21/2023

Gold Prices Drop as Jobless Claims Hit Lowest Since March

Gold prices are trading at session lows due to tighter labor market conditions and significant selling pressure, as weekly jobless claims fell by 20,000 to 201,000, surprising economists who were expecting an increase.

9/26/2023

Stocks Sink as Investors Worry Over Likely Delayed Fed Rate Cuts, Lower Consumer Confidence

Stocks fell on Tuesday as Wall Street grappled with the possibility of the Federal Reserve maintaining higher interest rates, while consumer confidence declined for the second consecutive month, reaching its lowest levels since May.

10/3/2023

Stocks Fall as Jobs Data Fuels Rate Hike Fears

Indexes remained near session lows at noon Tuesday as the Dow Jones Industrial Average fell 1.2% after strong jobs data and yields continued to spiral upward, while the S&P 500 fell 1.4% and the Nasdaq fell 1.7% after rebounding in a four-day rally attempt.

10/18/2023

Stocks Slide as Oil Prices Jump, Rates Rise, Earnings Disappoint; Airlines Sink on United's Warning

Stocks sold off on Wednesday as tensions in the Middle East and lackluster earnings reports weighed on investor sentiment, leading to a decline in major indices and a surge in Treasury yields.

10/20/2023

Stocks Slide as Treasury Yields Retreat, Israel-Hamas Conflict Weighs on Shaky Markets

US stocks fell during afternoon trading on Friday, with benchmark Treasury yields retreating after reaching 5% following comments by Federal Reserve Chair Jerome Powell.