Several Fed officials sounded rather hawkish on Tuesday.
Stocks closed lower on the final trading day of 2016, but all three indices close the year with gains.
The post-Trump rally came to an end this week, as the Dow missed its 20,000 milestone and stocks ended lower Friday, while finishing 2016 with big gains.
Stocks moved mostly lower on the final day of trading of 2016, but all three indices are poised to close 2016 with gains.
Stocks slumped for the second consecutive day as markets adjust to mixed economic data and the financial sector led the decline.
Stocks are volatile at midday Thursday and are turning mostly negative as markets adjust to mixed economic data and as the financial sector slumps.
Stocks were mixed Thursday morning as markets adjusted to losses on Wednesday and investors received mixed economic data.
The Dow Jones index of blue-chip stocks climbed to within 19 points of the 20,000 milestone on Wednesday before falling backward. The Nasdaq slid from a record opening of 5,499.