Stocks Tumble on Bank Slump, Geopolitical Worries
Description
Dow Jones Industrial Average dropped to its lowest level since January after JPMorgan Chase results disappointed and Middle East tensions escalated.
The S&P 500 index climbed to a one-month high after a surprisingly high jump in weekly jobless claims fueled hopes for Fed cuts.
Published 05/09/24
The Dow Jones Industrial Average ended at a five-week high, although the broader market was otherwise mixed ahead of key inflation updates.
Published 05/08/24