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News in English (USA) / 18.12.2024 / 11:00

Dow Jones Faces Historic Losing Streak Amid Fed Decision

The Dow Jones Industrial Average is currently experiencing its longest losing streak in decades, with a notable decline of over 260 points as it heads for the ninth consecutive day of losses. This slump, which has not been seen since the presidency of Jimmy Carter, is largely attributed to the impact of UnitedHealth and rising investor concerns as the Federal Reserve prepares for a rate decision. Market analysts are weighing in on the significance of this trend, questioning the implications for investors and the overall market condition. Despite the downturn, some positivity lingers in other sectors, as the Nasdaq continues to show gains, highlighting a mixed landscape in Wall Street trading.
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