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| Markets Right Now: Dow down 500 as stocks sink steadily The latest on developments in financial markets (all times local):. 12:27 p.m.. The Dow Jones industrials are down 500 points, extending the market's losses. The market opened little changed on Thursday but started to fall in early trading and extended its losses throughout the morning. The losses were ...
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| Stocks Plunge as Market Enters 'Correction' Territory Major stock indexes suffered a steep drop in late trading on Thursday, the second straight day that stocks plunged shortly before the markets closed. The 3.75 percent decline pushed the Standard & Poor's 500-stock index down more than 10 percent from its peak in late January. That means the market ...
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| US jobless claims drop to near 45-year low U.S. financial markets expect the Fed will raise interest rates in March. The Fed has forecast three rate increases for this year, but much will depend on the inflation outlook and financial conditions. The central bank lifted borrowing costs three times in 2017. U.S. financial markets were little moved by the ...
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| MARKET SNAPSHOT: Dow, S&P 500 Trade Under Pressure, Nasdaq Struggles For Slight Gains The recent correction in financial markets is healthy and is unlikely to hurt financial conditions or the broader U.S. economy, Dallas Federal Reserve President Robert Kaplan said early Thursday (https://www.wsj.com/articles/market-correction-is-healthy-says-feds-kaplan-1518011212?mod=mktw) at an ...
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| Deploying HPC within Financial Services: Which path should your firm follow? Based in London, Stef is Verne Global's Director of Sales and heads up the company's work within Financial Services and Capital Markets. You can follow him at: @StefWeegels. Against a backdrop of accelerated industry change, forward-thinking banks and fintech firms are increasingly turning to high ...
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