BUSINESSQUARTZ
The Dow is now down 900 points as oil surges ahead of the Fed's decision
The Dow has fallen 900 points as oil prices rise ahead of the Federal Reserve's decision. Chip stocks continued their decline while traders anticipate Fed Chair Kevin Warsh's rate announcement.
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Adjacent reporting
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- Yields fall, oil sinks — but the Fed decision looms Wednesday
- Oil prices rise 5%, and Dow drops 500 points after Trump says ceasefire with Iran is 'over'
- The Dow rallies 659 points on falling oil and earnings beats — even as chips kept dropping
- Oil prices rise 8%, and Dow drops 800 points after Trump says ceasefire with Iran is 'over'