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Tag Archives: Stock Market

As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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Recent Stock Market Losses Cause Many to Doubt that the Fed Will Raise Rates

For many, the Dow Jones' steep decline on Monday removed any doubt as to whether the Federal Reserve will raise interest rates, which have been at or near zero for seven years. Prior to Monday, many pundits predicted that the country's economy had experienced the growth needed for the Fed to raise the rates; now, they're not so sure.

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