The Dow Jones Industrial Average (DJIA) experienced a 0.7% or 245-point decline on June 20, 2023. This market decline followed a period of substantial gains, during which indexes reached their greatest levels in a year.
In today's Dow Jones update, the index experienced a decline as a result of the Federal Reserve's indication of potential interest rate hikes later in the year.
The Stock Market Today section provides you with frequent updates during each trading session, highlighting the most recent news pertaining to the stock market
Despite inflation causing shoppers to shift away from more expensive discretionary goods in favor of cheaper ones, Target (TGT) reported quarterly profits that above expectations.
According to analyst predictions provided by Visible Alpha, Marathon's net income may drop by more than 70%, to around $384 million, for an adjusted earnings per share (EPS) of $0.61, compared with $1.3 billion, or $1.78 a share, in the prior-year quarter.
Southwest Airlines (LUV) reported a larger-than-expected first-quarter loss as the carrier's Christmas breakdown continued into the new year. The stock price has plummeted.
AT&T (T) shares plunged 10.41% in a single day, the most since July 2002, after the telecom giant announced lackluster subscriber growth and revenue that fell short of expectations.