Tuesday, June 17, 2025
HomeStocksdow jones: Wall Street drops at the open after Powell dents rate-cut...

dow jones: Wall Street drops at the open after Powell dents rate-cut hopes

-

[ad_1]

Wall Street’s main indexes opened lower on Friday, after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up bond yields and pressuring rate-sensitive equities.

The Dow Jones Industrial Average fell 162.9 points, or 0.37%, at the open to 43,587.93. The S&P 500 fell 36.4 points, or 0.61%, at the open to 5,912.79, while the Nasdaq Composite dropped 177.7 points, or 0.93%, to 18,929.916 at the opening bell.

[ad_2]

Source link

LATEST POSTS

Soft Play Bus Essex with Squeeze Rollers & Dizzy Discs – A Fun-Filled Mobile Adventure

In today’s world of children’s entertainment, finding activities that combine physical play with safety and creativity can be a challenge. The Soft Play Bus Essex offers a...

Chic and Cheap: Grace Bay Turks and Caicos Luxury Stays Under $300/Night

Experience Luxury Without Overspending Grace Bay Turks and Caicos is a dream destination known for its pristine beaches, turquoise waters, and upscale ambiance. While many assume...

WitchSpin Casino: Daily ₱777 Bonus Explained

Online casinos attract players by offering exciting games and generous bonuses. One of the most popular features of WitchSpin Casino is its daily ₱777 bonus....

Gaming and Adventure Combined: The Ultimate Guide for Norwegian Tourists

For many Norwegian tourists, traveling is all about exploring new places, immersing themselves in different cultures, and seeking unforgettable adventures. But what if your journey...

Most Popular

spot_img