The S&P 500, the Dow Jones industrials, and the Nasdaq have sold off sharply for December and are on track for their biggest annual declines since the 2008 financial crisis.
As travel restrictions have eased across some borders after two years of the COVID-19 pandemic, travellers can now finally look up to tick-marking their holiday destinations bucket list. Airbnb has revealed the top destinations on the wishlist of several Indians to help you plan your next getaway. Check out this Business Today visual story to know the top holiday destinations such as Kerala, north-eastern states like Meghalaya, Assam and Nagaland and more
Since the Fed's last meeting on Nov. 1-2, investors have been more optimistic that price pressures have started to ease, meaning smaller rate hikes could curtail inflation.
The Dow Jones Industrial Average fell 211.16 points, or 0.63%, to 33,536.7, the S&P 500 lost 35.68 points, or 0.89%, to 3,957.25 and the Nasdaq Composite dropped 127.11 points, or 1.12%, to 11,196.22.
At Thursday's close, the S&P 500 lost 23.3 points, or 0.61%, to 3,807.3 and the Nasdaq Composite dropped 178.32 points, or 1.63%, to 10,792.68 whereas the Dow Jones Industrial Average was up 194.17 points, or 0.61%, to 32,033.28.