Nasdaq 100 slides 1% as rate hike odds jump
The Nasdaq 100 fell 1% to 29,359 after Kevin Warsh said inflation trends have not meaningfully improved, pushing September hike odds to about 60% from 35% before his Jackson Hole speech.
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Dow Jones Industrial Average closed up 235.60 points (+0.46%) at 51,947.25 on Friday, July 24. S&P 500 closed up 3.72 points (+0.05%) at 7,4
Dow Jones Industrial Average closed up 235.60 points (+0.46%) at 51,947.25 on Friday, July 24. S&P 500 closed up 3.72 points (+0.05%) at 7,412.02. Nasdaq Composite closed down 161.87 points (-0.64%) at 24,975.82.