So much for the good feelings on Wall Street. US markets fell sharply Thursday, eviscerating all of the gains from Wednesday after the Federal Reserve's announcement of its plans to increase in its benchmark interest rate won over investors.
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| News: What you need to know about the markets | | | | | | Dow plunges as recession fears grow
| | So much for the good feelings on Wall Street. US markets fell sharply Thursday, eviscerating all of the gains from Wednesday after the Federal Reserve's announcement of its plans to increase in its benchmark interest rate won over investors. Read more » | | | It's Cinco de Mayo, and avocado prices are soaring
| | Bad news for guacamole lovers, especially on Cinco de Mayo -— avocado prices are through the roof. Read more » | | | Europe is planning to ditch Russia's oil. Will it go after its gas?
| | Europe has finally proposed a ban on Russian oil, but has again stopped short of using its most potent weapon — sanctioning Russia's natural gas. Read more » | | | The Fed could have trouble avoiding a double-dip recession
| | The Federal Reserve finally seems prepared to whip inflation. The last time the Fed faced surging prices like this, it jacked up interest rates and the US economy endured multiple slowdowns. Do Americans need to fear a repeat of the early 1980s? Read more » | | | Why relief over the Federal Reserve could be short-lived
| | When the Federal Reserve decides it's necessary to pursue the biggest interest rate hike since 2000, you wouldn't expect a moment of celebration on Wall Street. Read more » | | | First on CNN: Biden administration launches plan to refill emergency oil reserve
| | The Biden administration plans to seek bids this fall to buy 60 million barrels of crude oil as the first step in a years-long process aimed at replenishing America's shrinking emergency oil reserve, an Energy Department official told CNN. Read more » | | | | | | | | | |
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| | | -1,063.09 | | -647.16 | | -153.30 | | 32,997.97 | | 12,317.69 | | 4,146.87 | | -3.12% | | -4.99% | | -3.56% | | YTD -9.19% | | YTD -21.27% | | YTD -12.99% | | | |
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| Biggest Winners | | Epam Systems Inc | +10.68% | | | | Albemarle Corp | +9.76% | | | | Organon & Co | +5.06% | | | | Kellogg Co | +3.51% | | | Biggest Losers | | Lincoln National Corp | -9.30% | | | | Nucor Corp | -8.87% | | | | Under Armour Inc | -8.28% | | | | Paycom Software Inc | -8.27% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $108.55 | +0.74 / +0.69% | | | Gold | $1,878.10 | +9.30 / +0.50% | | | 10-yr | 3.07% | +0.15 | | | Euro | $1.05 | -0.01 / -0.75% | | |
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