Dow falls more than 100 points as rally to records pauses: Live updates
Publishing timestamp: 2024-03-25 13:48:43
Summary
The Dow Jones Industrial Average slipped as the rally on Wall Street took a breather. The market is on track for its fifth consecutive month of gains, fueled by the Federal Reserve's rate-cutting timeline and ongoing enthusiasm for tech stocks. Energy, materials, and communication services sectors have been performing well. Bitcoin surged, while communication services stocks underperformed. European Union started a probe on Apple, Alphabet, and Meta platforms. Malaysia's inflation rate climbed, and shares of Chinese food delivery firm Meituan jumped. Japanese yen weakness does not reflect its fundamentals. Stock futures opened slightly mixed on Sunday evening.
Sentiment: MIXED
Tickers: COIN, FL, @SP.1, MSTR, UAL, .IXIC, VLO, SMCI, EA, 3690-HK, CMP, .SPX, FCX, CIFR, .DJI, INTC, META, BA, HL, RIOT, CLF, GOOGL, MASI, @DJ.1, @ND.1, TTWO, MTCH, XME, BTC.CM=, GOOG, AMR, CDE, MPC, CLSK, CENX, MARA, AAPL,
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Source: https://www.cnbc.com/2024/03/24/stock-market-today-live-updates.html