{"id":49850,"date":"2025-11-13T19:14:00","date_gmt":"2025-11-14T01:14:00","guid":{"rendered":"https:\/\/ustower.net\/?p=49850"},"modified":"2025-11-13T22:16:46","modified_gmt":"2025-11-14T04:16:46","slug":"dow-jones-falls-800-points-amid-fed-rate-cut-doubts","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=49850","title":{"rendered":"Dow Jones falls 800 points amid Fed rate cut doubts"},"content":{"rendered":"\n

Nov. 13 (UPI) — Doubts about a potential third Federal Reserve<\/a> rate in December triggered an 800-point drop in the Dow Jones Industrial Average on Thursday after setting a record high a day earlier.<\/p>\n\n\n\n

The Dow closed higher than 48,000 for the first time on Wednesday, but Investopedia reported<\/a> a steep decline on Thursday amid concerns over the Federal Reserve rate.<\/p>\n\n\n\n

The Dow reached a daily high or 48,211.83 during morning trading on Thursday but declined steadily afterward to a low of 47,431.43 and closed at 47,457.22, which is a drop of 797.60 and 1.65% for the day.<\/p>\n\n\n\n

The Nasdaq and S&P 500 likewise posted downturns during the day’s trading, with the Nasdaq closing at 22,870.36, which is a decline of 536.10 and 2.29%.<\/p>\n\n\n\n

The S&P 500 dropped by 113.43 and 1.66% when it closed at 6,737.49.<\/p>\n\n\n\n

Analysts largely attributed the declines to concerns regarding the Federal Reserve and whether it will approve a third quarter-point rate reduction before the year’s end, according to CNBC<\/a>.<\/p>\n\n\n\n

In October, analysts placed a 95% confidence in a December rate cut, but confidence has declined to about 49% due to a lack of data because of the record 43-day federal government shutdown ended following President Donald Trump<\/a>‘s signing of a funding measure on Wednesday.<\/p>\n\n\n\n

The Federal Reserve Open Market Committee is scheduled to meet for two days on Dec. 9 and 10, but committee members have grown more doubtful of another 0.25% rate cut due to the effects of the government shutdown and the president’s often-changing tariff policies.<\/p>\n\n\n\n

The current rate is between 3.75% and 4% after the Federal Reserve committee approved a 0.25% rate reduction<\/a> on Oct. 29.<\/p>\n\n\n\n

upi<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Nov. 13 (UPI) — Doubts about a potential third Federal Reserve rate in December triggered an 800-point drop in the Dow Jones Industrial Average on Thursday after setting a record high a day earlier. The Dow closed higher than 48,000 for the first time on Wednesday, but Investopedia reported a steep decline on Thursday amid concerns over the Federal Reserve […]<\/p>\n","protected":false},"author":6,"featured_media":49851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1155],"tags":[2558,2980],"class_list":["post-49850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-dow","tag-jones"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/49850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49850"}],"version-history":[{"count":2,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/49850\/revisions"}],"predecessor-version":[{"id":49853,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/49850\/revisions\/49853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/49851"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}