DOW JONES INDU AVERAGE NDX
(Dow Jones Global Indexes:INDU)
| 30,303.17
Delayed Data
As of Jan 27
|
 -633.87 / -2.05%
Today’s Change
|
18,214
TODAY|||52-Week Range
31,272
|
-0.99%
Year-to-Date
|
Stocks plummet after Fed talks about how the economy has 'moderated'
From CNN Business' Paul R. La Monica
US stocks fell sharply after the Federal Reserve said the economic recovery and job market have “moderated” due to the pandemic.
The Dow suffered its biggest loss since October, dragged down by weak results from Boeing (BA). Both the Dow and S&P 500 are now down year-to-date.
But GameStop (GME) and AMC (AMC), two stocks currently hot with the Reddit/Robinhood crowd, continued to surge as bulls are squeezing short sellers.
- The Dow plunged 2.1%, or 633 points – its biggest drop since October.
- The S&P 500 plummeted 2.6%.
- The Nasdaq Composite also fell 2.6%.
- https://www.cnn.com/business/live-news/stock-market-news-012721/index.html
