Stocks tumble after Fed rate hike

CNN Business: Markets Now
News: What you need to know about the markets
Stocks tumble after Fed rate hike
Read more »
The Fed makes history with a fourth straight three-quarter-point rate hike
The Federal Reserve approved a fourth-straight rate hike of three-quarters of a percentage point on Wednesday as part of its aggressive battle to bring down the white-hot inflation that is plaguing the US economy. Read more »
What rising interest rates mean for you
The Federal Reserve raised its benchmark interest rate for the sixth time in a row on Wednesday, to a range of 3.75% to 4%. Read more »
Shipping giant Maersk warns of 'dark clouds on the horizon'
The spike in shipping rates since the onset of the pandemic has been a huge boon for Maersk. But the Danish shipping giant is warning its business will have to endure tougher times soon. Read more »
Twitter's C-suite clears out as Musk cements power over the company
On October 27, the same day Elon Musk completed his $44 billion deal to buy Twitter, the company's chief customer officer, Sarah Personette, tweeted that she "had a great discussion" with the social network's new owner. Read more »
Thanksgiving dinner will be a lot more expensive this year, report finds
Looks like Thanksgiving will be a lot pricier this year. Read more »
Dow Nasdaq S&P
-505.44   -366.05   -96.41
32,147.76   10,524.80   3,759.69
-1.55%   -3.36%   -2.50%
YTD -11.53%   YTD -32.73%   YTD -21.12%
Biggest Winners
Charles River Laboratories International Inc +4.08%
Dupont De Nemours Inc +3.13%
Boeing Co +2.81%
CVS Health Corp +2.30%
Biggest Losers
Devon Energy Corp -12.76%
Extra Space Storage Inc -10.92%
Catalent Inc -9.35%
Estee Lauder Companies Inc -8.13%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $89.39 +1.02 / +1.15%
Gold $1,637.90 -11.80 / -0.72%
10-yr 4.06% +0.01
Euro $0.98 -0.01 / -0.56%
More Markets Now
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