Tag Archives: Dow Jones Industrial Average

The Dow drops 300 points with investors jittery about inflation

Photo: Stefan Wermuth (Reuters) The Dow Jones Industrial Average and the other major U.S. stock market indexes got cold feet Tuesday ahead of inflation data due on Wednesday. It’s expected that the Consumer Price Index will show that inflation increased to an annual rate of 3.4%, up from 3.2% in February. That’s making investors jittery, as they’ve been hoping that …

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1 Stock to Buy, 1 Stock to Sell This Week: Carnival, Walgreens Boots Alliance

Wall Street’s three major indexes closed mixed on Friday to notch their best week of 2024 after the Federal Reserve stuck with projections for three interest rate cuts by year’s end and amid continued optimism over artificial intelligence. For the week, the benchmark rallied 2.3% in its biggest weekly percentage gain since mid-December. Meanwhile, the tech-heavy and the blue-chip rose …

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