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Indebta > Markets > Dow ends 370 points lower as Fed decision looms and debt ceiling draws focus
Markets

Dow ends 370 points lower as Fed decision looms and debt ceiling draws focus

News Room
Last updated: 2023/05/03 at 4:53 PM
By News Room
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U.S. stocks closed sharply lower Tuesday, tumbling under the weight falling shares of regional bank and the energy sector, while weaker data on the jobs market pointed to a slowing economy.

Investors also awaited the Federal Reserve’s interest rate decision Wednesday and focused on an early June deadline for raising the U.S. debt ceiling.

How stocks traded

On…

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News Room May 3, 2023 May 3, 2023
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Nvidia earnings beat on top and bottom lines, S&P 500 notches fresh record close

Watch full video on YouTube

First Brands creditor warns as much as $2.3bn has ‘simply vanished’

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Apple goes all in on custom chips

Watch full video on YouTube

REA Group Limited (RPGRY) Shareholder/Analyst Call Transcript

Hamish McLennan Good morning, everyone. I'm Hamish McLennan, Chairman of REA Group…

French PM floats pension climbdown to court left

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

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