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Dow falls 299 points after Powell signals Fed will keep raising rates to contain inflation The Dow Jones industrial average fell 299.24 points Tuesday to close at 25,410.03, with Disney and Home Depot weighing down the 30-stock index. The S&P 500 fell 1.27 percent to finish at 2,744.28 as real estate, consumer discretionaries and telecommunications pulled the broader market lower.
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Philip Cross: The Liberals' budget is the dismal triumph of symbolism over substance Such a daunting array of challenges calls for a substantive budget to improve our trade and tax competitiveness and reassure financial markets by reining in government spending and setting a path to balancing the budget. None of these were forthcoming Tuesday. Instead, we got a lightweight budget ...
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What Happened in the Stock Market Today After attempting to extend its recent rally with an early surge, the stock market gave back some of yesterday's gains amid concerns that the U.S. Federal Reserve could raise interest rates more quickly than expected given the current strength of the economy. The Dow Jones Industrial Average ...
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