Wall Street today: US stocks dip on worries over Fed’s hawkish stance, Moderna sinks 23%
1 day, 15 hours ago

Wall Street today: US stocks dip on worries over Fed’s hawkish stance, Moderna sinks 23%

Live Mint  

Wall Street stocks edged lower on Monday, as Treasury yields climbed after robust jobs data last week bolstered expectations of a hawkish stance by the Federal Reserve for this year. At 09:50 a.m. the Dow Jones Industrial Average rose 105.06 points, or 0.25 per cent, to 42,043.51, the S&P 500 lost 40.79 points, or 0.70 per cent, to 5,786.25, and the Nasdaq Composite lost 274.13 points, or 1.43 per cent, to 18,887.50. At the opening bell, the Dow Jones Industrial Average fell 13.8 points, or 0.03 per cent, to 41,924.68. The S&P 500 fell 45.0 points, or 0.77 per cent, to 5,782.02, while the Nasdaq Composite dropped 258.0 points, or 1.35 per cent, to 18,903.664. Among individual stocks, Moderna sank 23.1 per cent after the drugmaker forecast lower revenues for this year between $1.5 and $2.5 billion, as compared to around $3 billion in 2024.

History of this topic

Nasdaq closes lower, S
1 day, 9 hours ago
US STOCKS-Wall Street ends lower as blowout job data spooks traders
4 days, 6 hours ago
Wall Street recoils after good news on the economy raises inflation worries
5 days, 6 hours ago
Stock market today: A mixed day for world shares as Wall Street steadies
Trending News
6 days, 1 hour ago
How major US stock indexes fared Wednesday, 1/8/2025
6 days, 9 hours ago
US stocks dip after jobs data & economic emergency report, quantum-computing shares tumble on Nvidia CEO remarks
6 days, 15 hours ago
Stock market today: World shares are mixed after Wall St slumps despite strong US economic data
1 week ago
How major US stock indexes fared Tuesday, 1/7/2025
Trending News
1 week ago
Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks
1 week, 1 day ago
Wall Street slumps as good news for the economy is once again bad for stocks
1 week, 1 day ago
Wall Street Today: US stocks open higher amid AI optimism; S&P and Nasdaq Composite gains over 1%
1 week, 1 day ago
How major US stock indexes fared Friday, 1/3/2025
1 week, 4 days ago
Standard & Poor’s 500 rallies to its first gain since Christmas
1 week, 5 days ago
Stock market today: Wall Street opens 2025 with more modest losses
1 week, 6 days ago
Wall Street opens 2025 with more modest losses
1 week, 6 days ago
How major US stock indexes fared Tuesday, 12/31/2024
Trending News
2 weeks ago
Wall Street today: US stocks rise on final day of bullish 2024
Trending News
2 weeks ago
Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
2 weeks, 1 day ago
Wall Street indexes lose ground as market closes another record-breaking year
2 weeks, 1 day ago
Stocks just did something they haven’t done in nearly three decades
2 weeks, 1 day ago
Wall Street ends lower on penultimate trading day of a strong 2024
Trending News
2 weeks, 1 day ago
Wall Street today: US stocks slip on sell-off in Big Techs, Boeing tanks 5% after South Korea plane crash
2 weeks, 1 day ago
Stock market today: Asian shares are mixed after Wall Street slips, led by tech giants
Trending News
2 weeks, 2 days ago
Stock market today: Wall Street slips in final days of a banner year for US stocks
2 weeks, 2 days ago
Stock market today: Wall Street slips in final days of a banner year for US stocks
2 weeks, 2 days ago
Wall Street week ahead: Pending home sales, manufacturing data to guide markets
2 weeks, 2 days ago
Wall St Week Ahead-Trump’s first actions and job data to test market in January
2 weeks, 2 days ago
How major US stock indexes fared Friday, 12/27/2024
2 weeks, 4 days ago
Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD
2 weeks, 4 days ago
Stock market today: Asian shares advance after a mixed finish on Wall Street
Trending News
2 weeks, 5 days ago
Markets stumble as Wall Street sells off Big Tech
2 weeks, 5 days ago
Stocks slip as the ‘Magnificent 7’ tech firms weigh down the market
2 weeks, 5 days ago
Dow ends up to extend win run to five; rising yields pressure megacap stocks
2 weeks, 5 days ago
How major US stock indexes fared Thursday, 12/26/2024
Trending News
2 weeks, 5 days ago
Wall Street Today: US stocks trade lower after markets reopen post Christmas break; Nvidia, Amazon down nearly 1%
2 weeks, 5 days ago
Wall Street drifts to a mixed close in thin trading after Christmas pause
2 weeks, 6 days ago
Wall Street today: US stocks edge higher in truncated session, Broadcom up 1.3%, Nvidia adds 1.2%
Trending News
3 weeks ago
Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
3 weeks, 1 day ago
Wall St futures choppy as investors digest Fed’s rate cut view
Trending News
3 weeks, 1 day ago
Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
3 weeks, 1 day ago
Stocks rally as investors cheer US inflation relief
3 weeks, 1 day ago
Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally
3 weeks, 2 days ago
Wall Street Holidays next week: NYSE, Nasdaq to remain closed on THESE days
Trending News
3 weeks, 2 days ago
How major US stock indexes fared Friday, 12/20/2024
3 weeks, 4 days ago
Wall Street stocks rally at end of choppy week for global markets
3 weeks, 4 days ago
Wall Street rises to turn a dismal week into just a bad one
3 weeks, 5 days ago
Wall Street rises to turn a dismal week into just a bad one
3 weeks, 5 days ago
How major US stock indexes fared Thursday, 12/19/2024
3 weeks, 5 days ago
Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%
3 weeks, 5 days ago

Discover Related