The Dow Jones Industrial Average endured its longest losing streak since 1974, with Wednesday marking its 11th consecutive decline and the steepest point drop since September 2022. The Dow fell over 1,100 points (2.6%) following a Federal Reserve update announcing a modest 25-basis-point rate cut and projecting only two more such cuts in 2025, fewer than previously expected. The broader market also suffered, with the S&P 500 and Nasdaq plunging 3% and 3.6%, respectively, amid investor concerns over tighter monetary policy and rising borrowing costs. Yields on 10-year U.S. government bonds climbed to 4.5%, their highest level since July, reflecting expectations of prolonged high interest rates. The Dow has dropped 2,700 points since December 5, despite UnitedHealth Group emerging as its best-performing stock on Wednesday. Continue here.
If you do need a website or your business needs a website, we’re here to bring your dreams to live. Contact us. We would give you the best in quality and the most affordable you would get on the market place. Enjoy our 100% refundable deals. You can’t loose let’s talk about your project.
Kindly reach out on WhatsApp directly and let’s make this decision your most important and best investment post 3 years.
Disclaimer: Full credit to the writer, and the associates.
