Tag: points

Digital in yours hands

The Dow loses nearly 1,100 points as investors digest the Fed’s interest rate hike

Stocks fell on Wall Street on Thursday, erasing a rally from the previous day, as markets weigh the fallout from the Federal Reserve’s stepping up fight against inflation. The Dow Jones Industrial Average fell 1,063 points, or 3.1%, to close at 32,997. The S&P 500 fell 3.6%, closing at 4,146, with more than 95% of…
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Dow plunges over 1,000 points on Wall Street’s worst day of the year | CNN Business

New York CNN Business — So much for the good feelings on Wall Street. U.S. markets fell sharply on Thursday, marking their worst day of the year and eviscerating all of Wednesday’s gains after the Federal Reserve’s announcement of plans to raise its benchmark interest rate appealed to investors. Fed Chairman Jerome Powell helped reassure…
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Fed’s Powell soothes recession jitters by pushing rate hike back 75 basis points

The CIO of Crossmark Global Investments joins “The Claman Countdown” to discuss the state of the economy following the Fed’s interest rate decision. Federal Reserve Chairman Jerome Powell has allayed fears of an impending economic recession after dismissing the possibility of an even bigger interest rate hike than that announced by the U.S. central bank…
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Microsoft points to elevation of privilege flaws in Linux

Flaws in networkd-dispatcher, a service used in parts of the Linux world, can be exploited by a logged-in malicious user or application to elevate their privileges to the root level, allowing the box to be commandeered, researchers from Microsoft. It’s nice of Redmond to report these bugs and have them fixed in all affected distributions;…
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Dow drops 700 points, Nasdaq tumbles on megacap tech earnings

U.S. stocks were trading sharply lower on Tuesday afternoon, failing to capitalize on the rebound from the previous session, as investors scanned a series of corporate results and awaited earnings reports due after the trading bell. tech giants including Microsoft Corp. and Google’s parent company, Alphabet Inc. How are stock market indices changing? The Dow…
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