The Fed concluded its two-day monetary policy meeting by letting the Fed funds target rate stand at 5.25%-5.50%.

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Thursday was a brutal day for long investors. The Dow Jones Industrial Average collapsed 1.8%, or 690 points, and the S&P 500 and tech-heavy Nasdaq tanked 1.5% and 2.1%, respectively, by 10 a.m. ET.

New York (CNN) — US stocks tumbled Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected.

Hotter-than-expected inflation data Wednesday threw cold water on investors’ hopes that the Federal Reserve would begin cutting interest rates as early as June – sending the markets plunging.

All three benchmark indexes fell early Wednesday, with the Dow Jones Industrial Average losing over 450 points. Bond yields, meanwhile, surged higher. The 10-year Treasury yield rose 10 basis ...

New York (CNN) — US stocks tumbled Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected.

The Dow and S&P sink more than 3% after Lehman Brothers ... America and AIG tries to cover its subprime bets. was slumping 71 points to 2189. The start of trading followed a very busy weekend ...

The yield on this closely watched government bond jumped 4 basis points to 3.029% – marking its first trip above the 3% threshold since late July. (A basis point is one-one hundredth of a ...

The Dow opened 500 points, or 1.3%, lower; the S&P 500 was down 1.3% and the Nasdaq Composite slid by 2.1%, as investors projected a longer wait for the first rate cut from the Federal Reserve.