The Dow is down 438.81 points, or 1.8 percent. The blue-chip index Dow Jones Industrial Average fell by 423 points (-1.7%) to 24,024.13 points, wiping out an increase of 131 points from the beginning of the session.
The S&P 500 gained 0.2 per cent, while the Nasdaq closed slightly below breakeven point. The company, S&P 500, slides down by 0.3 percent whereas "Nasdaq Composite" came down by 0.4 percent.
On Wednesday Goodyear Tire & Rubber said higher raw materials costs and weaker demand hurt its business in the first quarter.
But the industrial giant's shares sunk later in the day, sparking a mass sell-off throughout the stock market, after Caterpillar Chief Financial Officer Brad Halverson said the company's first-quarter profit "will be the high-water mark for the year" because of expected increases in investment later in 2018.
A late round of buying erased early losses on Wall Street, leaving major indexes mixed at the close of trading.
The Dow opened slightly higher on Wednesday, boosted by Boeing's 3.4 per cent jump after strong results, while the Nasdaq and S&P 500 were little changed as USA bond yields climbed above the 3 per cent level.
Higher rates, which are rising on expectations of stronger USA economic growth and inflation, are also helping shore up the dollar. The yield on the 10-year Treasury note rose to 2.99 percent from 2.98 percent. Many investors now believe the Fed will hike rates four times this year.
Shares of Boeing rose 4.2percent after the company posted better-than-expected profits amid strong commercial airliner sales, leading it to raise its forecasts after a record 2017. Bond prices slipped again Tuesday. The 10-year Treasury is seen as a proxy for interest rates and a predictor of the long-term outlook for the United States economy. It's been climbing because investors expect higher economic growth and inflation. The euro rose to $1.2237 from $1.2205. Industrials fell 0.6 per cent as shares of railroad companies lost ground.
Oil rose above $75 a barrel to its highest level since November 2014, but then reversed course as U.S. President Donald Trump and French President Emmanuel Macron pledged to try to resolve U.S. The S&P 500 is lower by 0.36% and the Nasdaq Composite is off by 0.55%. At last check, London's FTSE 100 and the French CAC 40 are each 0.7% lower.
Facebook claims it posted its complete set of internal rules to provide clarity and receive feedback from users for improvements. Facebook also announced plans to develop a more robust process for appealing takedowns that were made in error.
The market breadth was narrow as 1391 shares advanced against a decline of 1290 shares, while 165 shares were unchanged. Hindalco, Nalco, Vedanta and Jindal Steel were among major losers in the BSE metal index, diving up to 8 percent.
Forty-three-year-old mum Jennifer Riordan was pulled back into the plane by other passengers but died from her injuries. The Boeing 737 made an emergency landing in Philadelphia at noon local time after leaving NY bound for Dallas.
Kate looked radiant and beaming as she cradled partially-awake George in a blanket while wearing a pretty cornflower blue smock. Years ago, the arrival of a new prince would mean he'd frog-leap over his older sister in the line of succession to the throne.
After Sarkisian's resignation, Pashinyan said that no one would now be able to take away the victory from people. The Armenian constitution gives parliamentary parties seven days to propose candidates for prime minister.
With extra-ordinary specifications at an extra-reasonable pricing, the device is all set to conquer the budget segment. Talking about the cameras , there are 13MP and 5MP dual rear cameras with f/2.2 aperture and 80-degree wide-angle lens.
Excluding items, Comcast reported adjusted earnings of USD2.90 billion or USD0.62 per share for the period. Shore Capital reissued a buy rating on shares of Shire in a research note on Thursday , March 29th.
Roberts asked. "Does that mean he can't because you would regard that as discrimination against a majority Muslim country? ". It also bans travel from Venezuela and North Korea , though those restrictions are not being fought in court .
Apple and the Republic of Ireland have concluded a deal that will see the U.S. manufacturer pay €13bn within weeks. Donohoe said the escrow arrangement for "the recovery of alleged state aid" would be signed sometime on Tuesday.
Jones extended an invitation to West to join him on his self-titled show "to see these control-freak vampires really go insane ". Greg Gutfeld said the "vicious smears" against Owens and West proved West's point about the liberal "thought police".
Mixed signals from Trump on VA nominee as allegations build
According to the report, Jackson admitted he had failed to shield the White House medical unit from the leadership drama. The committee is examining new allegations against Jackson, first reported by CBS and confirmed by other news outlets.
Allison Mack freed to parents on $5 million bail
Donoghue said following Mack's Friday arrest. "Basically, avoid contact with anyone you know associated in any way with NXIVM ". She wore makeup, pinstripe trousers , a blue sweater and a denim jacket as she left the courthouse.
American Airlines passenger tased after argument
According to the arrest report, Garcia continued to resist efforts to move him from the aircraft to a police vehicle. Video shot inside the terminal shows the man still arguing with officers as they load him onto a security golf cart.
Toyota Owners 400 from Richmond
Almirola was second followed by Kurt Busch, Byron, Bowyer, Kyle Busch , Chase Elliott , Austin Dillon, Truex and Harvick. Their finishes underscored further how impressive Busch's victory was because they all started the race in the top 10.