Investors concerned over Federal Reserve's stance on interest rates lead to 300-point Dow drop.

From Google: 2024-09-11 12:46:00

The Dow Jones Industrial Average fell over 300 points amidst concerns over the Federal Reserve’s stance on interest rates. Investors worry that the Fed may not lower rates as aggressively as previously thought, sparking a sell-off in the market. The S&P 500 and Nasdaq also experienced losses, with technology and financial stocks leading the decline. Analysts are closely watching comments from Fed officials for clues on future rate cuts. The ongoing trade war with China continues to weigh on market sentiment, adding to the uncertainty and volatility. Stay updated on the latest market developments for potential impact on your investments.



Read more at Google: Dow drops more than 300 points as hopes dim for more aggressive Fed rate cuts: Live updates – CNBC