Dow Falls Nearly 200 Points As ‘Gloomy’ Investors Brace For Higher Interest Rates (2024)

Breaking

2 hours ago

Trump Opens Largest-Ever Lead In New York Times Polling

3 hours ago

Trump Wins Missouri’s Republican Caucuses

5 hours ago

Historic Texas Wildfire In Photos: Homes Scorched As Blaze Remains Largely Uncontained

6 hours ago

U.S. Begins Air-Dropping Aid In Gaza

6 hours ago

Ship Sinks After Houthi Attack—A First In Conflict

7 hours ago

Mega Millions Jackpot Hits $650 Million: Here’s What The Winner Would Take Home After Taxes

21 hours ago

Lawyers Who Voided Elon Musk’s Tesla Pay Package Seek $6 Billion In Legal Fees

22 hours ago

Government Shutdown Averted—For Now: Biden Signs Bill Extending Budget For At Least Another Week

+1 day ago

CDC Ends 5-Day Covid Isolation Guidelines

+1 day ago

Sen. Bob Menendez Co-Defendant Pleads Guilty To Attempting Bribery, Other Counts

+1 day ago

What Happens To Biden—Or Trump’s—Campaign Cash If They Drop Out?

+1 day ago

CVS And Walgreens Will Start Selling Abortion Pills This Month: Here's What We Know

2 hours ago

Trump Opens Largest-Ever Lead In New York Times Polling","scope":{"topStory":{"index":1,"title":"Trump Opens Largest-Ever Lead In New York Times Polling","image":"https://specials-images.forbesimg.com/imageserve/65e37e11900906215ab8eaa1/290x0.jpg?cropX1=0&cropX2=3070&cropY1=158&cropY2=1886","isHappeningNowArticle":true,"date":"2 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/02/trump-opens-largest-ever-lead-in-new-york-times-polling/"}},"id":"1h2faf6ihpjq00"},{"textContent":"

3 hours ago

Trump Wins Missouri’s Republican Caucuses","scope":{"topStory":{"index":2,"title":"Trump Wins Missouri’s Republican Caucuses","image":"https://specials-images.forbesimg.com/imageserve/65e3738277de2ab47a99b222/290x0.jpg?cropX1=0&cropX2=3037&cropY1=158&cropY2=1865","isHappeningNowArticle":true,"date":"3 hours ago","uri":"https://www.forbes.com/sites/tylerroush/2024/03/02/trump-wins-missouris-republican-caucuses/"}},"id":"6i2ga4p65dco00"},{"textContent":"

5 hours ago

Historic Texas Wildfire In Photos: Homes Scorched As Blaze Remains Largely Uncontained","scope":{"topStory":{"index":3,"title":"Historic Texas Wildfire In Photos: Homes Scorched As Blaze Remains Largely Uncontained","image":"https://specials-images.forbesimg.com/imageserve/65e350e2a6ca075f705aed05/290x0.jpg?cropX1=5&cropX2=2613&cropY1=105&cropY2=1570","isHappeningNowArticle":true,"date":"5 hours ago","uri":"https://www.forbes.com/sites/tylerroush/2024/03/02/historic-texas-wildfire-in-photos-homes-scorched-as-blaze-remains-largely-uncontained/"}},"id":"c8b19bk7a6bc00"},{"textContent":"

6 hours ago

U.S. Begins Air-Dropping Aid In Gaza","scope":{"topStory":{"index":4,"title":"U.S. Begins Air-Dropping Aid In Gaza","image":"https://specials-images.forbesimg.com/imageserve/65e349f96be8b2ffd8319e06/290x0.jpg?cropX1=0&cropX2=2948&cropY1=152&cropY2=1810","isHappeningNowArticle":true,"date":"6 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/02/us-begins-air-dropping-aid-in-gaza/"}},"id":"2gpa4crimmi000"},{"textContent":"

6 hours ago

Ship Sinks After Houthi Attack—A First In Conflict","scope":{"topStory":{"index":5,"title":"Ship Sinks After Houthi Attack—A First In Conflict","image":"https://specials-images.forbesimg.com/imageserve/65e3446bd93496c5bbf9ad16/290x0.jpg?cropX1=4&cropX2=2209&cropY1=0&cropY2=1240","isHappeningNowArticle":true,"date":"6 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/02/ship-sinks-after-houthi-attack-a-first-in-conflict/"}},"id":"27r9qebd3fkk00"},{"textContent":"

7 hours ago

Mega Millions Jackpot Hits $650 Million: Here’s What The Winner Would Take Home After Taxes","scope":{"topStory":{"index":6,"title":"Mega Millions Jackpot Hits $650 Million: Here’s What The Winner Would Take Home After Taxes","image":"https://specials-images.forbesimg.com/imageserve/65e3399d93c412efa54859a1/0x0.jpg","isHappeningNowArticle":true,"date":"7 hours ago","uri":"https://www.forbes.com/sites/tylerroush/2024/03/02/mega-millions-jackpot-hits-650-million-heres-what-the-winner-would-take-home-after-taxes/"}},"id":"nbobrc64cglg0"},{"textContent":"

21 hours ago

Lawyers Who Voided Elon Musk’s Tesla Pay Package Seek $6 Billion In Legal Fees","scope":{"topStory":{"index":7,"title":"Lawyers Who Voided Elon Musk’s Tesla Pay Package Seek $6 Billion In Legal Fees","image":"https://specials-images.forbesimg.com/imageserve/65e27bfb946e14a280d5e367/290x0.jpg?cropX1=0&cropX2=5248&cropY1=0&cropY2=3501","isHappeningNowArticle":true,"date":"21 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/01/lawyers-who-voided-elon-musks-tesla-pay-package-seek-6-billion-in-legal-fees/"}},"id":"56ip2931b28o00"},{"textContent":"

22 hours ago

Paramedic Involved In Elijah McClain Death Sentenced To 5 Years In Prison","scope":{"topStory":{"index":8,"title":"Paramedic Involved In Elijah McClain Death Sentenced To 5 Years In Prison","image":"https://specials-images.forbesimg.com/imageserve/65e266833f9630f6b3e3d0f5/290x0.jpg?cropX1=0&cropX2=2053&cropY1=86&cropY2=1241","isHappeningNowArticle":true,"date":"22 hours ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/01/paramedic-involved-in-elijah-mcclain-death-sentenced-to-5-years-in-prison/"}},"id":"b5d3e817201400"},{"textContent":"

22 hours ago

IRS Free Tax Filing Tool Opens In 12 States Soon: What To Know About The Program","scope":{"topStory":{"index":9,"title":"IRS Free Tax Filing Tool Opens In 12 States Soon: What To Know About The Program","image":"https://specials-images.forbesimg.com/imageserve/64d52736e59ed46aa3d9eed8/290x0.jpg?cropX1=13&cropX2=3871&cropY1=0&cropY2=2574","isHappeningNowArticle":true,"date":"22 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/01/irs-free-tax-filing-tool-opens-in-12-states-soon-what-to-know-about-the-program/"}},"id":"9jahdp3kn1eo00"},{"textContent":"

23 hours ago

Nikki Haley Receives First Endorsem*nt From A Senator","scope":{"topStory":{"index":10,"title":"Nikki Haley Receives First Endorsem*nt From A Senator","image":"https://specials-images.forbesimg.com/imageserve/647e4f45195c5380a2178357/290x0.jpg?cropX1=0&cropX2=3661&cropY1=0&cropY2=2059","isHappeningNowArticle":true,"date":"23 hours ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/01/nikki-haley-receives-first-endorsem*nt-from-a-senator/"}},"id":"caicbkpcrh1400"},{"textContent":"

24 hours ago

University Of Florida Eliminates Its Diversity Office And Cuts DEI Positions","scope":{"topStory":{"index":11,"title":"University Of Florida Eliminates Its Diversity Office And Cuts DEI Positions","image":"https://specials-images.forbesimg.com/imageserve/65e24d30714ca11cd853139d/290x0.jpg?cropX1=0&cropX2=1744&cropY1=90&cropY2=1071","isHappeningNowArticle":true,"date":"24 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/01/university-of-florida-eliminates-its-diversity-office-and-cuts-dei-positions/"}},"id":"7q8g1e76oj9k00"},{"textContent":"

+1 day ago

Here Are 2024's Most Contested Senate Races—From Arizona To Pennsylvania","scope":{"topStory":{"index":12,"title":"Here Are 2024's Most Contested Senate Races—From Arizona To Pennsylvania","image":"https://specials-images.forbesimg.com/imageserve/65e249bda2e2dabfb10baa66/0x0.jpg","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/saradorn/2024/03/01/here-are-2024s-most-contested-senate-races-from-arizona-to-pennsylvania/"}},"id":"agcjgm2ph9dk00"},{"textContent":"

+1 day ago

DeSantis Vetoes Controversial Social Media Ban For Children In Florida","scope":{"topStory":{"index":13,"title":"DeSantis Vetoes Controversial Social Media Ban For Children In Florida","image":"https://specials-images.forbesimg.com/imageserve/65e24130231e26108f3d2edb/290x0.jpg?cropX1=0&cropX2=1271&cropY1=52&cropY2=766","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/brianbushard/2024/03/01/desantis-vetoes-controversial-social-media-ban-for-children-in-florida/"}},"id":"ahaa8fob4fdk00"},{"textContent":"

+1 day ago

","scope":{"topStory":{"index":14,"title":"S&P 500, Nasdaq Hit Record Highs Amid Tech Boom","image":"https://specials-images.forbesimg.com/imageserve/65e2401f28e8f1c558e956d5/290x0.jpg?cropX1=0&cropX2=3565&cropY1=0&cropY2=2006","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/dereksaul/2024/03/01/sp-500-nasdaq-hit-record-highs-amid-tech-boom/"}},"id":"36rh0e7o2e9g00"},{"textContent":"

+1 day ago

Trump’s Most Likely VP Picks—And Who He’s Name-Dropping—Including Abbott, DeSantis, Scott","scope":{"topStory":{"index":15,"title":"Trump’s Most Likely VP Picks—And Who He’s Name-Dropping—Including Abbott, DeSantis, Scott","image":"https://specials-images.forbesimg.com/imageserve/65ad5791e37144c78f8803cf/0x0.jpg","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/saradorn/2024/03/01/trumps-most-likely-vp-picks-and-who-hes-name-dropping-including-abbott-desantis-scott/"}},"id":"c7ib74reo61400"},{"textContent":"

+1 day ago

U.S. Will Start Air-Dropping Aid Into Gaza","scope":{"topStory":{"index":16,"title":"U.S. Will Start Air-Dropping Aid Into Gaza","image":"https://specials-images.forbesimg.com/imageserve/65e22c800387fb1a3dac1554/290x0.jpg?cropX1=0&cropX2=1986&cropY1=102&cropY2=1219","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/01/us-will-start-air-dropping-aid-into-gaza/"}},"id":"dahli6jr9n1o00"},{"textContent":"

+1 day ago

Government Shutdown Averted—For Now: Biden Signs Bill Extending Budget For At Least Another Week","scope":{"topStory":{"index":17,"title":"Government Shutdown Averted—For Now: Biden Signs Bill Extending Budget For At Least Another Week","image":"https://specials-images.forbesimg.com/imageserve/65e0d17d0e5624110b277517/290x0.jpg","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/saradorn/2024/03/01/government-shutdown-averted-for-now-biden-signs-bill-extending-budget-for-at-least-another-week/"}},"id":"8hm1kaafm9i000"},{"textContent":"

+1 day ago

CDC Ends 5-Day Covid Isolation Guidelines","scope":{"topStory":{"index":18,"title":"CDC Ends 5-Day Covid Isolation Guidelines","image":"https://specials-images.forbesimg.com/imageserve/65e223b1332b35fd64b303b6/290x0.jpg?cropX1=0&cropX2=6449&cropY1=333&cropY2=3964","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/01/cdc-ends-5-day-covid-isolation-guidelines/"}},"id":"755ap2anc2k800"},{"textContent":"

+1 day ago

Sen. Bob Menendez Co-Defendant Pleads Guilty To Attempting Bribery, Other Counts","scope":{"topStory":{"index":19,"title":"Sen. Bob Menendez Co-Defendant Pleads Guilty To Attempting Bribery, Other Counts","image":"https://specials-images.forbesimg.com/imageserve/65e222ac8438078685d2a3fe/0x0.jpg","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/01/sen-bob-menendez-co-defendant-pleads-guilty-to-attempting-bribery-other-counts/"}},"id":"541f9hn33i0o00"},{"textContent":"

+1 day ago

What Happens To Biden—Or Trump’s—Campaign Cash If They Drop Out?","scope":{"topStory":{"index":20,"title":"What Happens To Biden—Or Trump’s—Campaign Cash If They Drop Out?","image":"https://specials-images.forbesimg.com/imageserve/65e21d74e23bf313ade367d9/0x0.jpg","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/saradorn/2024/03/01/what-happens-to-biden-or-trumps-campaign-cash-if-they-drop-out/"}},"id":"704105i2nd2k00"},{"textContent":"

+1 day ago

CVS And Walgreens Will Start Selling Abortion Pills This Month: Here's What We Know","scope":{"topStory":{"index":21,"title":"CVS And Walgreens Will Start Selling Abortion Pills This Month: Here's What We Know","image":"https://specials-images.forbesimg.com/imageserve/65e2142baa0847b5ed11a370/290x0.jpg?cropX1=0&cropX2=2810&cropY1=0&cropY2=1581","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/caileygleeson/2024/03/01/cvs-and-walgreens-will-start-selling-abortion-pills-this-month-heres-what-we-know/"}},"id":"2bp3rq4n8bik00"}],"breakpoints":[{"breakpoint":"@media all and (max-width: 767px)","config":{"enabled":false}},{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":6}}]};

FAQs

Dow Falls Nearly 200 Points As ‘Gloomy’ Investors Brace For Higher Interest Rates? ›

The Dow was down 202 points, or 0.5%, to near 37,797, after trading as high as 38,389.81 near the opening bell. The reversal of fortunes would be the blue-chip index's largest blown gain since Nov. 2, 2022, when it was up 1.28% at its session high but closed down 1.55%, according to Dow Jones Market Data.

Find Out More ›

Why is Dow Jones falling? ›

Dow falls 375 points; Economic growth slowed to 1.6% in Q1

Read the day's full markets roundup here. The latest data had two bits of disappointing news for investors: growth slowed more than expected, while inflation is proving stickier than many hoped.

How to profit from falling interest rates? ›

Cyclical stock sectors

The consumer discretionary, technology, real estate, and financial sectors have historically been especially likely to outperform the market when rates fall and earnings rise. Financial stocks look particularly appealing, due to how inexpensive they've recently been.

Learn More Now ›

Should you sell bonds when interest rates rise? ›

Unless you are set on holding your bonds until maturity despite the upcoming availability of more lucrative options, a looming interest rate hike should be a clear sell signal.

Learn More Now ›

Do banks make more money when interest rates rise? ›

A rise in interest rates automatically boosts a bank's earnings. It increases the amount of money that the bank earns by lending out its cash on hand at short-term interest rates.

Get More Info ›

Why do bond prices go down when interest rates rise? ›

Key Takeaways. Most bonds pay a fixed interest rate that becomes more attractive if interest rates fall, driving up demand and the price of the bond. Conversely, if interest rates rise, investors will no longer prefer the lower fixed interest rate paid by a bond, resulting in a decline in its price.

Find Out More ›

Does raising interest rates really lower inflation? ›

How does increasing interest rates reduce inflation? Increasing the bank rate is like a lever for slowing down inflation. By raising it, people should, in theory, start to save more and borrow less, which will push down demand for goods and services and lead to lower prices.

Find Out More ›

What will the interest rate be in 5 years? ›

Projected Interest Rates in the Next Five Years

ING's interest rate predictions indicate 2024 rates starting at 4%, with subsequent cuts to 3.75% in the second quarter. Then, 3.5% in the third, and 3.25% in the final quarter of 2024. In 2025, ING predicts a further decline to 3%.

Know More ›

Why are US stocks falling today? ›

Stocks Fall as Outlook for Rate Cuts Looks Delayed

The major U.S. indexes fell on Thursday, as investors found risks to the inflation outlook in the latest economic data. The Dow Jones Industrial Average fell 375 points, or 1%.

Discover More ›

Why is Meta dropping today? ›

Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending. Meta shares tumbled 10% on Thursday, their worst day since October 2022, after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.

Get More Info ›

Why did the Dow Jones drop in 1929? ›

What Were the Causes of the 1929 Stock Market Crash? There were many causes of the 1929 stock market crash, some of which included overinflated shares, growing bank loans, agricultural overproduction, panic selling, stocks purchased on margin, higher interest rates, and a negative media industry.

Explore More ›

What are stock futures? ›

Futures are a type of derivative contract agreement to buy or sell a specific commodity asset or security at a set future date for a set price.

Know More ›