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The Dow Jones Industrial Average declined for the ninth straight day as the Federal Reserve kicked o

(Bloomberg) -- US stocks declined as traders braced for the Federal Reserve’s widely anticipated rate decision and its forecast for next year.Most Read from BloombergHow California Sees the World, and ItselfThe S&P 500 and the Nasdaq 100 slid 0.4%. The Dow Jones Industrial Average posted its longest losing streak since 1978. The yield on 10-year Treasuries was little changed at 4.40%. Bloomberg’s dollar gauge fluctuated for most of the session.Earlier, data showed that US retail sales increased

Nvidia stock sank more than 2% early Tuesday, putting the AI chipmaker down 14% from its record high closing price of $148.88 in early November.

(Bloomberg) -- While US equities churn near all-time highs, one of the most closely watched indexes is mired in its longest losing streak since Jimmy Carter was president.Most Read from BloombergHow California Sees the World, and ItselfThe Dow Jones Industrial Average ended the day 0.6% lower for its ninth straight decline, which marks the blue-chip gauge’s longest losing streak since 1978. The 30-stock index is down 3.5% over that stretch.The Dow industrials has been dragged down primarily by U

(Bloomberg) -- Bond traders have been boosting options and futures wagers that the Federal Reserve is about to signal deeper interest-rate cuts next year than the market anticipates.Most Read from BloombergHow California Sees the World, and ItselfA quarter-point rate reduction is seen as practically a lock on Wednesday, so a key focus will be the Fed’s update of its quarterly projections. In September, officials’ median forecast of their policy path — dubbed the dot plot — indicated a full perce

U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. The Dow Jones Industrial Average dropped 267 points, or 0.6%, and the Nasdaq composite gave back 0.3% from its record set the day before. Nvidia, the superstar stock that’s been a big reason for Wall Street’s run to repeated records this year, fell 1.2% to weigh on the market.

Tesla stock’s end-of-year rampage rolled on, with shares hitting another high based on optimism for Tesla's "autonomous opportunity" and a Trump-controlled executive branch.