Coverage dated April 8, 2024 to April 9, 2024

Dow Sinks Almost 500 Points To 2-Month Low As Interest Rate Cut Hopes Evaporate

Headline from Forbes

A hot inflation reading caused stocks to fall, bond yields to soar, and forecasts for upcoming interest rate cuts to disappear.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

6 articles, oldest first.

Quartz
The Dow drops 300 points as investors get jittery about inflation (opens Quartz)
Published Apr 8, 2024
Quartz's feed description
Economists expect the consumer price index to increase from February
Forbes
Dow Sinks Almost 500 Points To 2-Month Low As Interest Rate Cut Hopes Evaporate (opens Forbes)
Published Apr 9, 2024
Forbes's feed description
A hot inflation reading caused stocks to fall, bond yields to soar, and forecasts for upcoming interest rate cuts to disappear.
New York Post
Dow plunges 400 points as hot inflation data hurts chance of June rate cut (opens New York Post)
Published Apr 9, 2024
New York Post's feed description
Wall Street's main stock indexes tumbled after a stronger-than-anticipated inflation reading dampened hopes of the Fed kicking off its monetary easing cycle in June.
Quartz
The Dow plunges more than 500 points as stubborn inflation goes the wrong way (opens Quartz)
Published Apr 9, 2024
Quartz's feed description
The data left investors uncertain about whether the Federal Reserve will cut interest rates this year as hoped.
Quartz
The Dow plunges 500 points as high inflation wipes out hopes of interest rate cuts (opens Quartz)
Published Apr 9, 2024
Quartz's feed description
Trump Media stock are down, Nvidia stock recovers after price correction
Quartz
Dow closes 400 points lower on surprising inflation data (opens Quartz)
Published Apr 9, 2024
Quartz's feed description
The data left investors uncertain about whether the Federal Reserve will cut interest rates this year as hoped