Dow tumbles more than 500 points as hot inflation data stokes fears about higher-for-longer rates

View in Browser February 13, 2024 Dow 38,272.75 1.35% S&P 500 4,953.17 1.37% NASDAQ 15,655.60 1.80% Last updated February 13 at 5:23 PM ET     Dow tumbles more than 500 points as hot inflation data stokes fears about higher-for-longer rates Stocks took a dive Tuesday after a key inflation report revealed stubborn price increases, raising concerns on Wall Street that the Federal Reserve will keep rates higher for longer than anticipated.    Read full article   Carl Icahn buys a huge stake in JetBlue at bargain prices JetBlue's stock soared more than 14% in premarket trading Tuesday after financier Carl Icahn disclosed late Monday that he had taken a 9.9% stake in the company.    Read full article   The Fed can still break markets. Here's how Major US indexes notched their fifth consecutive winning week on Friday as strong corporate earnings and gains in Big Tech added to fervor on Wall Street. These gains took place even as the Federal Reserve officials have attempted to reduce expectations for several interest rate cuts this year.    Read full article   Japan's Nikkei hits 34-year high Japan's Nikkei share average closed at a fresh 34-year high on Tuesday as trading resumed after a long holiday weekend, with tech-related shares and strong corporate earnings supporting the benchmark stock index.    Read full article   Uber, Lyft and Deliveroo workers in US and UK plan Valentine's Day strike Thousands of drivers for ride hailing services and food delivery riders in the United States and United Kingdom are planning to strike on Valentine's Day in disputes over pay and working conditions.    Read full article   How Vince McMahon built an empire on fakery and taught Donald Trump to control a crowd While McMahon has officially stepped out of the ring, his name won't be easily excised from the world of wrestling he built over four decades.    Read full article   Today's movers DBGI 6.85 139.09% Digital Brands Group, Inc. FBLG 13.94 88.38% FibroBiologics, Inc. BMR 14.06 41.31% Beamr Imaging Ltd. POL 2.07 57.41% Polished.com Inc. SSRM 4.50 53.70% SSR Mining Inc GTHX 2.10 53.13% G1 Therapeutics, Inc. Last updated February 13 at 4:10 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com   You are receiving this newsletter because you signed up for Markets Now. To stop receiving this newsletter, unsubscribe or sign up to manage your CNN account   Learn more about the CNN app |  Get CNN web alerts  |  Sign up for a free CNN account   ® © 2024 Cable News Network. A Warner Bros. Discovery Company. All Rights Reserved. 1050 Techwood Drive NW, Atlanta, GA 30318