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Stock market today: Dow drops 570 points to end worst month of 2024 as traders brace for Fed decision

Stocks dropped sharply as investors readjusted rate cut expectations ahead of the latest FOMC meeting.The latest labor cost data added to fears of a hot economy

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Stock market today: Indexes drop as hot labor data adds pressure ahead of Fed meeting

The Employee Cost Index came in hotter-than-anticipated, jumping 1.2% against estimates of 1% growth.

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Stock Market Today: Hot Labor Data Adds Pressure Ahead of Fed Meeting

The Employee Cost Index came in hotter-than-anticipated, jumping 1.2% against estimates of 1% growth.

Terms of serviceBureau of labor statisticsMarket committeeFederal reserveFederal open marketEmployee cost indexLabor statisticsMi exclusiveDaily market wrapLabor market dataFederal reserveStock market

The Dow drops 300 points before the Fed meets as inflation pressures rise

A busy week of corporate earnings is underway, with major companies, including Amazon, Apple, and Novo Nordisk, still to come

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Stock Market Today: Dow Drops 570 Points As Traders Brace for Fed

Stocks plunged as markets adjusted to another hot economic data point right as the Fed gets ready to deliver its next policy decision.

Bill adamsBureau of labor statisticsComerica bankFederal reserveTerms of serviceEmployee cost indexLabor statisticsChair powellMi exclusiveDaily market wrapFed rate hikeFomc meetingOb marketStock market

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