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Tag: Fed Rate Decision
Business
Dow Plunges 1,153 Points After Fed Decision as Wall Street Faces Fresh Rate Shock
Dow Plunges 1,153 Points After Fed Decision as Wall Street Faces Fresh Rate Shock The Dow Jones Industrial Average suffered its worst trading day in more than a year, tumbling 1,153.18 points, or 2.2%, to 51,594.14 on Wednesday after the Federal Reserve kept interest rates unchanged but delivered a message that investors interpreted as more...
Dow Jones
US Jobs and Retail Sales Data: Jobless Claims Beat Forecasts While Retail Sales Growth Slows
US Jobs and Retail Sales Data Signals a Strong Labor Market but Slower Consumer Spending US Jobs and Retail Sales Data released on July 16, 2026, painted a mixed picture of the U.S. economy. The labor market remained resilient as Initial Jobless Claims dropped to 208,000, beating economists’ expectations of 217,000 and improving from the...