Stocks were lower at the halfway point Thursday in volatile trading, with the Dow Industrials down more than 1,000 points over two days. The S&P 500 fell more than a percent, while the Nasdaq fared slightly better.
The tech-heavy index saw fractional declines a day after a rout in tech stocks marked the worst market drop in eight months. Major tech companies like Microsoft ($MSFT), Facebook ($FB), and Alphabet ($GOOGL) had rebounded from Wednesday's losses with slight gains.
The continued sell-off was due in part to concerns about tightening monetary policy. President Trump has broken from tradition and repeatedly criticized the Fed for raising interest rates. He continued to attack Fed Chair Jerome Powell Thursday, saying he was "disappointed" in "far too stringent" rate hike decisions.
Earlier in the day, stocks briefly turned positive before extending their losses.
Alaska Airlines is planning to buy Hawaiian Airlines for $1.9 billion.
Spotify cut nearly one-fifth of its workforce, or about 1500 staffers, representing the third round of layoffs this year.
After rallying for five straight weeks, stocks fell after the opening bell on Monday as investors await labor market data later in the week.
It's the beginning of the great wealth transfer, according to UBS.
Fed Chair Jerome Powell said higher rates are here to stay for now.
Jenna Helwig, food director at 'Real Simple,' joined Cheddar News to provide tips on how to save on purchasing kitchen gadgets ahead of the holiday season and which essentials are needed when cooking.
You may soon be able to charge your car while driving. Cheddar News explains.
The holiday season is underway and it's a good time to put your Christmas tree up if you haven't already. But making your home festive can be costly. Cameron Forbes, founder of Forbes Functions, joined Cheddar News to provide tips for decorating on a dime.
Google is moving forward with its previously-announced plan to delete inactive accounts and all associated data.
Federal regulators are investigating Chevrolet Volt hybrid cars after some drivers reported issues including sudden power loss and failure to restart.
