US Politics

Dow Jones Seeks to End 9-Day Skid Ahead of Key Fed Meeting

‘We will know if we ate all the Christmas cookies before Christmas Eve,’ said Mark Malek, chief investment officer at Siebert Financial.
Dow Jones Seeks to End 9-Day Skid Ahead of Key Fed Meeting
Traders work on the floor of the New York Stock Exchange during the morning trading in New York City on Nov. 7, 2024. Michael M. Santiago/Getty Images
Andrew Moran
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The Dow Jones Industrial Average is seeking to end its nine-day skid, the longest losing streak in more than 40 years, as investors await a key Federal Reserve policy meeting.

The blue-chip average tumbled 267.58 points, or 0.61 percent, to finish the Dec. 17 trading session at 43,449.90, extending its longest losing streak since 1978.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."