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Dow falls more than 400 points after as strong inflation report rattles Wall Street: Live updates - TL;DR CNBC

Dow falls more than 400 points after as strong inflation report rattles Wall Street: Live updates

Publishing timestamp: 2024-02-13 12:39:54


Summary

The article discusses how stocks dropped after hotter-than-expected inflation data raised doubts about the Federal Reserve's ability to cut rates. It mentions specific stock movements, such as Microsoft and Amazon leading losses, as well as positive news for JetBlue Airways. It also discusses the impact of inflation data on bond yields and the performance of small-cap stocks. The article concludes by mentioning upcoming economic data releases and the performance of international markets.


Sentiment: MIXED

Tickers: MGM.STOXXDHIUS10YLENKOMRVLAIBLKBANETMSFTCARMETAPHMTDCAMZNMARAZITOLAAPLJBLU.RUT.N225MARNDAQ@ND.1.SPX9984.T-JPDVA.DJI@DJ.1AMDGOOGL@SP.1TRIPCRM.IXICORCLNVDAXSWHAS

Keywords: nasdaq 100 fut (mar'23)hasbro incmarriott international incu.s. 10 year treasuryunited statesnvidia corpbusiness newsbreaking news: marketsnasdaq composites&p 500 fut (mar'23)amazon.com incdow jones fut (mar'23)jetblue airways corpcoca-cola comicrosoft corpmarketsdow jones industrial averagestock marketstripadvisor incavis budget group incmgm resorts internationaldavita incs&p 500 index

Source: https://www.cnbc.com/2024/02/12/stock-market-today-live-updates.html


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