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Dow falls nearly 300 points, S&P retreats from record as rates spike, McDonald's slides: Live updates - TL;DR CNBC

Dow falls nearly 300 points, S&P retreats from record as rates spike, McDonald's slides: Live updates

Publishing timestamp: 2024-02-05 12:40:13


Summary

The article discusses how stocks fell due to concerns about the Federal Reserve not cutting rates as much as expected and lackluster results from McDonald's. It also mentions the spike in Treasury yields and the performance of various companies and indices. Additionally, there is a mention of layoffs at Snap and other market news.


Sentiment: MIXED

Tickers: BTC.CM=GSCLSKMMMMSTRMSFTMARACTLTMCDMRK8801.T-JPCOINBASNAPHD@ND.1@DJ.1US10YEL.IXICCATIRENNKEELANRIOT.DJIWBA.SPX@SP.1

Keywords: nasdaq 100 fut (mar'23)mcdonald's corpcaterpillar incnasdaq compositedow jones industrial averagestock marketsbreaking news: marketsbusiness newscatalent incmarketsunited statesdow jones fut (mar'23)s&p 500 indexs&p 500 fut (mar'23)boeing co

Source: https://www.cnbc.com/2024/02/04/stock-market-live-updates.html


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