Sinclair Says Bally Sports Plans to Shutdown | Cord Cutters News

The First Slice for Thursday, January 18, 2024

The First Slice for Thursday, January 18, 2024

Wall Street experienced a significant drop in stock prices recently, and here’s what you need to know about it. The S&P 500, a key indicator of the stock market’s health, reached its lowest point in over a week, while the Dow Jones also dipped to a near one-month low. This downturn was largely attributed to the performance of mega-cap stocks like Amazon, Nvidia, and Alphabet, which all saw declines of over 1%. Additionally, Tesla’s stock dropped by 3.4% after the company reduced the prices of its Model Y cars in Germany.

One of the key factors influencing this market movement was the rise in the 10-year Treasury yield, which climbed to over 4.1%—its highest point in the year. Furthermore, data revealed that increased retail sales, driven by discounts from retailers and higher motor-vehicle purchases, exceeded expectations, suggesting that the U.S. economy remains solid for 2024. This led to a change in expectations regarding the Federal Reserve’s plans for interest rate cuts, with a reduced likelihood of a rate cut happening as early as March.

Investors are now grappling with the uncertainty of the economic landscape, and some are adjusting their positions accordingly. The market’s fear gauge, the CBOE Market Volatility Index, hit its highest level in over two months. This recent drop in stocks has caused the S&P 500 to be down about 1% from its record high in January 2022……….First-Slice-e1700879991202 The First Slice for Thursday, January 18, 2024[read more]

0 0 votes
Article Rating
stone-street-coffee-logo The First Slice for Thursday, January 18, 2024 ☕️ **Discover Stone Street Coffee Company – Your Coffee Haven!** Today’s Dough readers, if you’re on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today’s Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street’s commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

Subscribe
Notify of
9054d4d00d4c9ffd6d76260d1fa3ff8d?s=56&d=mm&r=g The First Slice for Thursday, January 18, 2024

0 Comments
Inline Feedbacks
View all comments

Share this content:

0 0 votes
Article Rating
stonestreetcoffee.com ☕️ **Discover Stone Street Coffee Company - Your Coffee Haven!** Today's Dough readers, if you're on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today's Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street's commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
×