Dow Jones in free fall: negative record since 1978!
Dow Jones in free fall: negative record since 1978!
New York, USA - The Dow Jones index has achieved a worrying negative record series that has not been observed since 1978. Like T-Online, the index fell 0.6 percent on 43,450 points on Tuesday. This is already the ninth day of trading in a row with losses and raises questions about the stability on Wall Street. The technology -heavy Nasdaq and the S&P 500 also closed in the minus and strengthen the uncertainty among investors.
In the run-up to the highly expected interest decision by the US Central Bank, many investors seem to withdraw from the market. Analysts expect a "false" message, which indicates that further aggressive interest rate cuts may not be due as expected. These developments ensured considerable volatility, with the dollar index increase during the euro. The market dynamics also influenced the crypto market, where Bitcoin rose by $ 106,614 by $ 106,614, since many hope for growth within the industry.
market movements and corporate news
In addition to the market trends, Business Insider that the Pharma-Riese Pfizer predicts a significant turnover of $ 61 to $ 64 billion for 2025 and is therefore above expectations. This helped the share to increase 4.7 percent. On the other hand, there are challenges in the crude oil market: The international energy agency predicts an excess of offer of 950,000 barrels per day, which could put the oil price under pressure. The US variety WTI fell 0.7 percent to $ 70.20 per barrel.
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| Ort | New York, USA |
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