Markets:
DJIA --559.85-1.75%
NASDAQ --478.54-3.52%
S&P --96.09-2.45%
Featured Stocks:
UMH 0.35% 17.02
INFN 0.32% 9.42
DRIO -7.51% 26.97
EPRT -2.60% 23.60

dow jones 2015

Article Index

DJIA Index Falls Triple Digits on Rate-Hike Chatter

By , Behavioral Trading Specialist, Money Morning -

DJIA index

The DJIA index dipped 104 points Tuesday. Why the decline? Expectations for a faster rate increase by the Federal Reserve outweighed improving economic data.

New home sales hit a seven-year high in February, a sign of surging demand in the housing market. Existing home sales were also up 1.2% in February despite bad weather.

Here are the day's top market stories - plus our new profit tip for investors...