Stock Market Today - Sensex Today | Stock Market LIVE Updates: Sensex slumps over 950 points, Nifty below 24K; all sectors bleed; Transrail Lighting IPO fully subscribed
19-12-2024 01:01
Why is the stock market crashing today?Fed signals fewer rate cutsThe US Federal Reserve implemented a 25-basis-point rate cut overnight, as anticipated, but its projection of just two quarter-point reductions in 2025 was below the three or four cuts that markets had expected.
Stock market today: Dow drops 1,123 points and bond yields soar as markets adjust rate outlook after Fed meeting
The Dow hit a 10th straight day of losses, its worst streak since 1974, as stocks plummeted amid the outlook for fewer rate cuts in 2025.