Tag: interest

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Dow logs first close below 50-day moving average in over a month after Thursday’s interest rate-fueled selloff

The Dow Jones Industrial Average and the S&P 500 on Thursday marked their first finishes below their short-term moving averages…

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Nasdaq ends at record, S&P 500 narrowly misses closing high as Fed emphasizes 0% interest rates through 2023

U.S. stocks finished at or near records on Wednesday, though the Dow closed nearly flat, as the Federal Reserve did…

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Cairn to sell Senegal interest to Lukoil for up to $400 million

Cairn Energy CNE, -2.20% said it’s selling its entire 40% stake in a field offshore Senegal to Lukoil LUKOY, -0.10%…