Reported 3 days ago
On December 18, 2024, the S&P 500 dipped by 3% following the Federal Reserve's decision to lower interest rates while expressing concerns about future inflation. Despite initial gains, the index fell sharply after the announcement, while the Dow and Nasdaq also experienced significant declines. Paycom's shares plummeted by over 10% amid market concerns, while Jabil made notable gains, rising 7.3% after outperforming earnings expectations and boosting its full-year guidance.
Source: YAHOO