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AmextaFinance > Markets > Dow ends 370 points lower as Fed decision looms and debt ceiling draws focus
Markets

Dow ends 370 points lower as Fed decision looms and debt ceiling draws focus

News Room
Last updated: 2023/05/03 at 4:53 PM
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U.S. stocks closed sharply lower Tuesday, tumbling under the weight falling shares of regional bank and the energy sector, while weaker data on the jobs market pointed to a slowing economy.

Investors also awaited the Federal Reserve’s interest rate decision Wednesday and focused on an early June deadline for raising the U.S. debt ceiling.

How stocks traded

On…

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News Room May 3, 2023 May 3, 2023
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