Dow Jones industrials fell more than 1,500 points on Monday. This marked the largest single-day point drop in history. Melissa Armo, Owner of The Stock Swoosh, explains her outlook on the market amid this volatility.
"I would not panic at this point," says Armo. "When you look at it in the whole--in the bigger picture--it's really not that terrible."
The deadline for a budget resolution before a government shutdown is on February 8th. Armo says this looming deadline could be impacting investor confidence.
Sports betting has spread rapidly across U.S. states in the past five years. But the odds for further expansion may be fading as state legislatures prepare to return to work in 2024.
The New York Times has filed a lawsuit against Microsoft and Open AI, accusing both of infringing copyright and abusing the intellectual property of the newspaper.
