US stocks fell sharply Thursday as data showed the US economy grew much slower than expected to start 2024. The report also showed consumer prices rising in the quarter, complicating the Fed’s…
Tag: drop
Stock market today: US indexes drop as investors sour on pace of Fed rate cuts
US stocks fell sharply as investors are turning skeptical on a Fed rate cut by June. The 10-year Treasury yield hit its highest since November. US stocks fell for a third straight…
Stock market today: US stocks drop after hot economic data dents Fed rate-cut prospects
US stocks traded mostly lower on Monday following the release of strong economic data. The ISM manufacturing index rose to 50.3 in March, representing the first monthly expansion since 2022. The data…
PE, VC investments in domestic companies drop to $27.9 bn in 2023
Investments by private equity (PE) and venture capital (VC) funds to homegrown companies declined to $27.9 billion across 697 transactions this year (as of December 20), compared to $47.62 billion across 1,364…