Tag Archives: dismal

Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

US stocks were mixed on Thursday, struggling to shake off a dismal start to the year after Federal Reserve policymakers left hopes for an early interest-rate cut hanging. In afternoon trading, the Dow Jones Industrial Average (^DJI) popped about 0.3%, while the benchmark S&P 500 (^GSPC) was roughly flat. After a Wednesday selloff, the Nasdaq Composite (^IXIC) pushed for gains at points in the session, but held 0.3% below the flatline. Investors looking for confirmation of bets on a March rate… Source link

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