Financial markets
The decline of the US dollar has become a major concern for economists and traders, who worry about its impact on inflation and interest rates. Despite a brief rally on Monday, the stock market retreated on Tuesday, with the Dow Jones industrial average slipping 15.86 points to 3,669.
United States. Federal Reserve Board
The recent articles and analyses on the economy by experts, including Lester Thurow, have left some investors with a sense of unease. As a mutual fund investor, Walter Dorwin Teague Jr., a retiree from Nyack, N.Y., shares his personal experience with the economic policies of the new Administration and
United States. Federal Reserve Board
Stock prices in New York initially softened ahead of the Federal Reserve's meeting on Tuesday, but quickly recovered as investors engaged in anticipatory bargain hunting, anticipating a potential interest-rate hike. The Dow Jones industrial average and S&P 500-stock index both turned higher, with the Dow up
Stock prices
A strong rally in the bond market, combined with powerful first-quarter earnings from companies like I.B.M. and Oracle Systems, helped drive the stock market up yesterday in extremely heavy trading. The Dow Jones industrial average rose 53.83 points, to 3,652.54, and the broader Standard &
Stock prices
Stock prices continued their downward trend Monday, with the Dow Jones industrial average plummeting 35.40 points to 3626.07 as the Federal Reserve announced its third credit tightening in three months. The trading day was marked by a sharp increase in declines over advances, with 1,233 issues falling
Newspaper publishing
The Dow Jones industrial average experienced its steepest drop yet, plummeting 72.27 points to 3,626.75, as the stock market fell for the fifth consecutive session. The falls appear to have originated with the Federal Reserve Board's decision to raise short-term interest rates in February, which
Newspaper publishing
The New York Stock Exchange (NYSE) faced a moderate decline on Monday, March 28, in quiet trading, with the Dow Jones industrial average losing 14.10 points to 3760.63. The pullback was largely attributed to weakness in oil stocks following the Organization of Petroleum Exporting Countries' (OPEC) decision
Stock prices
The New York Stock Exchange (NYSE) turned mostly lower in cautious trading on Tuesday as investors awaited news from the Federal Reserve on whether to raise interest rates further. Despite a slight increase in the Dow Jones industrial average, the NYSE composite index and Standard & Poor's 500-stock
Stock prices
In a reversal of Friday's gains, the US stock market retreated Monday as investors' fears about rising interest rates and the Fed's potential rate hike decision added to the market's anxiety. The Dow Jones industrial average fell 30.80 points, with Boeing, International
Financial markets
The stock market experienced a bumpy ride on Wednesday, with a bond rally sparked by encouraging retail-inflation news helping the broad stock market close higher. However, last-minute sell programs knocked the Dow Jones industrial average lower in bumpy trading. Analysts cited concerns about the Federal Reserve's upcoming monetary
Financial markets
The stock market closed in a mixed fashion yesterday, contrary to recent trading sessions, as the bond market rose. This separation may be repeated today, when the Consumer Price Index, the most well-known gauge of inflation, is released. The Producer Price Index for February was released before the market opened,
Newspaper publishing
A combination of soothing words from a governor of the Federal Reserve Board and positive economic indicators, including a drop in the price of gold, helped lift the bond market, carrying a depressed stock market with it. The exception was the Dow Jones industrial average, which initially rose but was
