Stock market ends sharply lower
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Investor's Business Daily on MSNStock Market Today: Dow Jones Rises Amid Israel-Iran Attacks; Nvidia, Palantir, Tesla Rally (Live Coverage)Futures for the Dow Jones Industrial Average and other major stock indexes traded higher Monday, as Wall Street digested the impact of the ongoing Israel-Iran attacks. Among the early winners on the stock market today were NvidiaNVDA,
Investor attention is also fixed on the Federal Reserve, which begins its two-day policy meeting Tuesday. The outcome is expected on June 18 Experts predict that this could mark the fourth consecutive meeting where the Fed keeps interest rates unchanged.
Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on trading partners.
Monday’s bullish push has pared back some of last week’s late losses, pushing the Dow Jones Industrial Average back above 42,500. However, the major equity index remains embroiled in a consolidation zone that has plagued the Dow since mid-May.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Bitcoin witnessed a dramatic fall, dropping below $103,000 as the news of Israel's airstrikes on Iran emerged. The cryptocurrency market as a whole felt the impact of the escalating geopolitical tensions,