Connect with us

Business

How Major Sporting Events Like Cheltenham Festival Impact The UK Economy

Published

on

How Major Sporting Events Like Cheltenham Festival Impact The UK Economy

Every year, major sporting events capture national attention. Stadiums fill, viewing figures rise, and social media feeds become saturated with highlights and commentary. But beyond the excitement, there is a bigger question worth asking.

What do these events actually do for the UK economy?

Cheltenham is a prime example. While it is known for world-class racing, its influence stretches far beyond the track. From hospitality and retail to technology and media, the ripple effects are significant and measurable.

The Local Economic Surge

The most direct effect is financial to host towns and cities.

Hotels often operate at near full capacity during the festival. Restaurants stay open later to meet increased demand. Local shops increase their stock in anticipation of higher foot traffic. Transport services and taxis are at their maximum capacity.

Advertisement

For many independent businesses, festival week represents a significant share of their annual income. Some businesses even structure their annual plans around these peak periods.

This surge in activity can help sustain businesses through quieter months. Visitors who discover the area during major events often return later for leisure or business.

Regulated Betting As An Economic Driver

The effect of Cheltenham on the UK economy is greatly connected with the regulated bets. The amount of betting on licensed sites increases dramatically during the Festival.

This growth is improving the turnover of operators and generating revenue for the government in the form of betting duties and taxation. It aids employment in trading teams, compliance divisions, payment providers, and technology services.

Advertisement

Reliable, UK-regulated betting sites play a key role in this ecosystem. As race week approaches, many adults choose to engage through approved operators, often taking advantage of Cheltenham free bets within strict regulatory guidelines.

These incentives help drive participation on licensed platforms rather than unregulated markets, keeping economic activity within the UK system.

The Digital And Technology Effect

Of course, modern sporting events rely heavily on technology.

Live streaming platforms must handle large numbers of simultaneous users. Cybersecurity teams monitor systems for potential vulnerabilities. Faster connectivity also supports the growth of online commerce. Cloud infrastructure can scale quickly to handle peak traffic.

Advertisement

Search engines announce that they have had great growth in queries about events. Real-time activities are peaking on social media. Brands take advantage of such moments to test programs and gauge the reaction of the audience.

To a great extent, sport has turned into a digital resilience test. Companies that anticipate such a rush usually have worthwhile performance lessons. The ones that do not necessarily threaten downtime or a damaged reputation.

Employment And Skills Opportunities

Festival week has seen a boom in visitor numbers and business. Clearly, it provides temporary employment, which has a direct impact on the local economy by injecting money in the form of wages.

These jobs include:

Advertisement
  • Stewards
  • Hospitality and bar staff
  • Event operations coordinators
  • Security and crowd control officers
  • Cleaning and ground maintenance crews
  • Transport marshals and shuttle drivers

For students and part-time workers, these positions provide flexible income. For others, they offer hands-on experience in fast-paced operational environments.

Infrastructure Investment With Lasting Value

The major events hosting lead to the improvements of infrastructure that directly boost the economy of the location.

These may include:

  • Improved public transport links
  • Road network enhancements
  • Broadband and mobile connectivity upgrades
  • Expanded safety and crowd management systems

This kind of improvement enhances productivity, attracts investment, and business growth even after the event has been held. Light-speed connection enhances online trade, and improved transportation minimizes the expenses and promotes all-year-round tourism.

Hosting a high-profile event in other instances speeds up the investment decision-making process, giving rise to investment that provides a long-term economic benefit.

Responsible Business And Consumer Awareness

The regulatory frameworks in the UK are still changing to make consumer protection central to them. The language of marketing has also become more restrained, with words that are aimed at information as opposed to empty promises.

Advertisement

This wider change portrays a changing expectation. Businesses in the UK are coming out to be evaluated based not only on profitability but also on ethical behavior and transparency.

The issue of opportunity versus responsibility is now a thing of the business environment.

Conclusion: A Blueprint For Economic Momentum

Major sporting events demonstrate how culture and commerce intersect.

They create concentrated economic activity. They stimulate digital innovation. They encourage infrastructure investment. They generate employment opportunities.

Advertisement

For business leaders, the takeaway is clear. Preparation matters. Data analysis matters. Strategic timing matters. When managed effectively, sporting events become more than entertainment. They become catalysts for growth.

As the UK continues to adapt to economic pressures and technological change, understanding how to harness the momentum of major events could offer a valuable competitive edge.

The real question is not whether events like Cheltenham drive economic impact. The real question is how effectively businesses and regions position themselves to capture that opportunity.

Advertisement

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Frito-Lay recalls Miss Vickie’s chips over undeclared milk allergen

Published

on

Frito-Lay recalls Miss Vickie's chips over undeclared milk allergen

Frito-Lay is pulling select bags of potato chips from store shelves after discovering they may contain an undeclared allergen.

The recall covers certain 8-ounce bags of Miss Vickie’s Spicy Dill Pickle Potato Chips that may have mistakenly included jalapeno-flavored chips containing milk, according to a notice Wednesday from the U.S. Food and Drug Administration (FDA).

Advertisement

“Those with an allergy or severe sensitivity to milk run the risk of a serious or life-threatening allergic reaction if they consume the recalled product,” the notice said. 

MAJOR FROZEN FOOD RECALL EXPANDS TO 37M POUNDS OF TRADER JOE’S, KROGER PRODUCTS OVER GLASS CONCERNS

miss-vickies-spicy-dill-pickle-chips

Frito-Lay is pulling select bags of Miss Vickie’s Spicy Dill Pickle Potato Chips from store shelves after discovering some may contain an undeclared allergen. (U.S. Food and Drug Administration)

The affected bags were distributed as early as Jan. 15 to grocery, convenience and drug stores — as well as online retailers — in Arkansas, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.

No other Miss Vickie’s flavors, sizes or variety packs are included in the recall.

Advertisement

OVER 650,000 BOTTLES OF WATER RECALLED AFTER BEING PACKAGED IN ‘INSANITARY CONDITIONS’

Potato chips salted in a bowl

Affected bags were distributed as early as Jan. 15 to stores in Arkansas, Louisiana, Mississippi, New Mexico, Oklahoma and Texas. (iStock / iStock)

Consumers should check for 8-ounce bags of Miss Vickie’s Spicy Dill Pickle chips with a UPC of 0 28400 761772, a “Guaranteed Fresh” date of April 21, 2026 and one of two manufacturing codes — 38U301414 or 48U101514. 

The codes appear on the front of the bag along the right side.

“If consumers have an allergy or sensitivity to milk, they should not consume the product and discard it immediately,” the notice said.

Advertisement

CHEESE SOLD AT WALMART RECALLED IN 24 STATES OVER POTENTIAL HEALTH RISK

Close-up of FritoLay logo

A close-up of the Frito-Lay logo on a box in Lafayette, Calif., Jan. 19, 2026.  (Smith Collection/Gado/Getty Images / Getty Images)

Frito-Lay said the issue came to light after a customer reached out to the company. 

No allergic reactions have been reported to date.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Advertisement

“Unless a consumer has a dairy allergy or sensitivity to milk, this product is safe to consume,” Frito-Lay told FOX Business in an email.

Continue Reading

Business

Coca-Cola Stock Dips 1.4% to $77 as Shares Pull Back from Recent Highs Amid Consumer Caution

Published

on

Coca-Cola and PepsiCo have announced a suspension of their operations in Russia

Shares of The Coca-Cola Company (NYSE: KO) declined modestly Friday, March 6, 2026, trading around $76.75 to $77.03 midday, down approximately 0.3% to 1.4% from Thursday’s close of $77.03 to $78.10 in recent sessions, reflecting a broader pullback from February’s all-time highs near $82 amid ongoing consumer budget pressures and geopolitical volatility.

Coca-Cola and PepsiCo have announced a suspension of their operations in Russia
Coca-Cola

The Atlanta-based beverage giant opened near $76.80 to $77.68, with intraday ranges from lows around $76.35-$76.50 to highs of $76.90-$77.72. Volume remained elevated at over 3-23 million shares in early trading, consistent with recent activity. The stock has now retreated about 6% from its February 27 peak of $81.56-$82.00, its highest close in recent history, but remains up roughly 10% year-to-date in 2026 and about 10-12% over the past year.

The dip follows a strong but volatile start to the year, with KO hitting record territory in late February before softening. Analysts attribute the recent weakness to macro headwinds, including higher energy costs from Middle East tensions and cautious consumer spending in key markets like North America and Asia. Despite these pressures, Coca-Cola’s defensive profile — bolstered by pricing power, brand strength and consistent dividends — continues to attract income-focused investors.

The company reported fourth-quarter and full-year 2025 results on February 10, 2026, showing resilience amid softer soda demand in developed markets. Net revenues grew 2% to $11.82 billion in Q4, missing some estimates of over $12 billion, while organic revenues (non-GAAP) rose 5%, driven by 4% price/mix growth and 1% volume increase. Comparable EPS grew 6% to $0.58, with full-year comparable EPS up 4% to $3.00 and reported EPS surging 23% to $3.04 due to one-time factors.

For 2026, management guided organic revenue growth of 4%-5%, in line with or slightly below 2025’s 5% pace, alongside expected EPS growth of 7%-8%. The outlook reflects confidence in pricing strategies to offset input costs, though executives noted challenges from inflation-squeezed budgets pushing consumers toward cheaper alternatives. Rival PepsiCo’s recent price cuts on snacks highlighted competitive dynamics in the broader consumer packaged goods space.

Advertisement

Coca-Cola’s dividend remains a cornerstone appeal. The company announced its 64th consecutive annual increase in early 2026, with the forward yield around 2.67% at current levels (quarterly dividend $0.515, annualized $2.06). The ex-dividend date is March 13, 2026, drawing income investors amid market uncertainty. The low payout ratio provides room for future hikes, supporting its Dividend King status.

Analyst sentiment stays positive, with a consensus Buy rating from 13-16 firms. Average 12-month price targets range from $80.58 to $84.33, implying 4-10% upside from current levels, with highs up to $87. Firms like Citi maintain Buy calls, citing durable brand equity and digital transformation efforts. Some models suggest potential for $95 in optimistic scenarios, driven by sustained mid-single-digit growth.

Market capitalization hovers around $330-335 billion. The stock trades at a forward P/E in the mid-20s, reasonable for a stable consumer staple with predictable cash flows. Year-to-date performance of about 10% outpaces the S&P 500’s modest gains, underscoring KO’s defensive appeal in volatile times.

Broader influences include participation in the Citi 2026 Global Consumer & Retail Conference on March 9, where CFO John Murphy is scheduled to present, potentially offering fresh insights on strategy. The company continues emphasizing innovation in low- and no-sugar options, ready-to-drink teas and sustainability initiatives to adapt to shifting preferences.

Advertisement

Despite the pullback, Coca-Cola’s fundamentals remain solid: global reach, pricing discipline and a fortress balance sheet position it well for economic uncertainty. With earnings due April 28, 2026, investors will watch for signs of volume stabilization and margin resilience.

As trading continues, the stock’s modest decline reflects short-term caution rather than fundamental concerns. Long-term holders value its reliability, while new buyers may see the dip as an entry point for a blue-chip dividend play.

Continue Reading

Business

Iran war sends US crude futures up 12% a barrel

Published

on

Iran war sends US crude futures up 12% a barrel


Iran war sends US crude futures up 12% a barrel

Continue Reading

Business

SpaceX IPO Buzz, Debt Repayments and AI Vision Dominate as Billionaire Navigates Busy March 2026

Published

on

Coinbase Global

Elon Musk, the world’s richest person and CEO of Tesla, SpaceX and xAI, remains at the center of global headlines in early March 2026, with fresh developments in his sprawling empire fueling speculation about a massive SpaceX initial public offering, aggressive debt management and ambitious plans for space-based artificial intelligence.

Satellite dishes from Elon Musk's Starlink company cover many of the scam centre roofs
AFP

As of March 7, 2026, Musk’s net worth hovers near $850 billion, per Forbes estimates, driven largely by stakes in Tesla and the newly merged SpaceX-xAI entity. Recent activity on X — where Musk posted actively Friday, March 6 — included endorsements of Starlink’s global reach, agreement with critiques of AI models like Claude, praise for Grok’s real-time capabilities and commentary on political and cultural topics. One notable reply affirmed “Truth about @DOGE,” defending the Department of Government Efficiency’s actions at NASA amid ongoing scrutiny.

The most prominent story revolves around SpaceX’s potential IPO. Reports from Bloomberg and others indicate the company is preparing confidential filings with the SEC as early as March, eyeing a mid-2026 public listing with a valuation potentially exceeding $1.75 trillion. If achieved, it would shatter records set by Saudi Aramco in 2019 and position SpaceX among the world’s most valuable companies. Starlink, generating the bulk of revenue through satellite internet, remains the growth engine, while the February merger with xAI — valued at $1.25 trillion combined — aims to enable orbital AI data centers powered by limitless solar energy.

Musk has described space-based AI as “obviously the only way to scale,” estimating that within 2-3 years, orbital compute could become the lowest-cost option. The merger integrates Grok AI, Starlink connectivity and rocket capabilities under one roof, with plans to repay approximately $17.5 billion in tied debt fully, per Bloomberg sources. This financial cleanup bolsters balance sheets ahead of any public debut.

Tesla updates also command attention. Musk urged investors to “hold on” to shares, describing the company’s 5-10 year outlook as “extremely bright” in a recent interview clip shared on X. He highlighted autonomy advancements, with robotaxi services expected to expand “very, very widespread” in the U.S. by year-end, and regulatory progress in markets like the Netherlands potentially by March 20. Tesla warned of semiconductor supply disruptions critical for robots, vehicles and AI data centers, prompting preparations for potential shortages.

Advertisement

Cybertruck pricing adjustments surfaced in early March, with the dual-motor long-range model rising $10,000 to $69,990 after a brief promotional period. Production shifts continue, with lines at Fremont repurposed for Optimus humanoid robots following the phase-out of Model S and Model X.

Neuralink advances include plans for high-volume production of brain-computer interface devices in 2026, transitioning to nearly automated surgical implantation. Musk envisions scaling to restore functions like vision and speech, with ongoing human trials.

xAI’s momentum ties into broader AI efforts, with Musk predicting Tesla could be among the first to achieve AGI. The merged entity’s debt repayment and orbital data center vision underscore a push for exponential compute growth beyond Earth’s constraints.

Musk’s political footprint persists. He avoided a deposition related to his DOGE tenure and USAID dismantling after a court ruling, while backing Republican candidates — including a $10 million Super PAC donation in Kentucky’s Senate primary that yielded mixed results.

Advertisement

Public discourse on X Friday included Musk agreeing with claims of bias in Anthropic’s Claude, calling it “racist,” and sharing videos on various topics. His feed reflected typical eclectic style: tech endorsements, cultural commentary and Starlink promotion.

As March unfolds, Musk’s influence spans transportation, space, AI and policy. With SpaceX IPO speculation peaking, debt strategies solidifying and AI ambitions orbiting Earth, the entrepreneur continues shaping industries and markets. Investors and observers watch closely for filings, launches and announcements that could redefine his legacy in 2026.

Continue Reading

Business

Raia Drogasil S.A. (RADLY) Q4 2025 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Raia Drogasil S.A. (RADLY) Q4 2025 Earnings Call March 4, 2026 8:00 AM EST

Company Participants

Renato Raduan – CEO & Member of Executive Board
Flavio de Correia – Director of Investor Relations & Corporate Affairs

Conference Call Participants

Advertisement

Luiz Guanais – Banco BTG Pactual S.A., Research Division
Mauricio Cepeda – Morgan Stanley, Research Division
Danniela Eiger – XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A., Research Division
Joseph Giordano – JPMorgan Chase & Co, Research Division
Irma Sgarz – Goldman Sachs Group, Inc., Research Division
Tales Granello – J. Safra Corretora de Valores e Cambio Ltda, Research Division
Leandro Bastos – Citigroup Inc., Research Division
Rodrigo Gastim – Itaú Corretora de Valores S.A., Research Division
Lucca Biasi – UBS Investment Bank, Research Division
Gustavo Fratini – BofA Securities, Research Division

Presentation

Operator

Advertisement

Hello, everyone. Thank you for standing by, and welcome to RD Saúde’s Fourth Quarter 2025 Earnings Conference Call. This presentation can be found on RD Saúde’s Investor Relations website at ri.rdsaude.com.br, where the replay for this conference will also be made available later. [Operator Instructions] Before proceeding, I’d like to mention that forward-looking statements are being made under the safe harbor of the Securities Litigation Reform Act of 1996. Forward-looking statements are based on the beliefs and assumptions of RD Saúde’s management and on information currently available to the company.

Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions as they relate to future events and therefore, depend on circumstances that may or may not occur. Our investors should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of RD Saúde and could cause results to differ materially from those expressed in such forward-looking statements. Today, joining us from the RD Saúde’s studio are Mr. Renato Raduan, CEO; and Mr. Flavio Correia, CIO and Corporate Affairs, Chief Officer.

Advertisement
Continue Reading

Business

HireQuest renews executive agreements for CEO, CFO, and Chief Legal Officer

Published

on


HireQuest renews executive agreements for CEO, CFO, and Chief Legal Officer

Continue Reading

Business

Cathie Wood’s ARK sells Roku stock, buys Joby Aviation and Robinhood on March 6th

Published

on


Cathie Wood’s ARK sells Roku stock, buys Joby Aviation and Robinhood on March 6th

Continue Reading

Business

Bill Gates Faces House Testimony Request in Epstein Probe While TerraPower Nuclear Project Advances in Wyoming

Published

on

A Starbucks logo is pictured on the door of the Green Apron Delivery Service at the Empire State Building in New York

Microsoft co-founder Bill Gates finds himself at the intersection of philanthropy, energy innovation and renewed scrutiny in early March 2026, as a House committee seeks his testimony on ties to Jeffrey Epstein and federal regulators approve construction for his TerraPower nuclear reactor in Wyoming.

American billionaire Bill Gates is the co-founder of TerraPower
American billionaire Bill Gates is the co-founder of TerraPower

The House Oversight and Government Reform Committee, led by Chairman James Comer (R-Ky.), sent a letter March 3 requesting Gates appear for a transcribed interview on May 19 regarding the federal investigation into Epstein and Ghislaine Maxwell, Epstein’s death and sex-trafficking networks. The panel cited public reporting, Justice Department documents and committee-obtained materials suggesting Gates has relevant information.

Gates’ spokesperson indicated he plans to cooperate. “Gates welcomes the opportunity to appear before the Committee,” the statement said. Gates has repeatedly denied involvement in Epstein’s crimes, expressing regret over their association in past interviews and a foundation town hall.

The request names Gates alongside six others — including Goldman Sachs’ Kathryn Ruemmler, Apollo’s Leon Black and others — for interviews between April and June. The probe examines alleged mismanagement in Epstein-related investigations and broader trafficking issues. Gates’ name surfaced in Epstein correspondence released by the DOJ in recent years, though no criminal allegations have been made against him.

Amid this, Gates’ energy ventures advanced significantly. On March 4, the U.S. Nuclear Regulatory Commission issued its first commercial reactor construction permit in nearly a decade to TerraPower, the company Gates founded and primarily funds. The sodium-cooled Natrium reactor in Kemmerer, Wyoming, targets 345 megawatts and aims for operation in the early 2030s, with construction starting soon and an operating license application planned for late 2027 or early 2028.

Advertisement

TerraPower touts the plant — estimated at up to $4 billion — as a breakthrough using high-assay low-enriched uranium fuel for safer, more efficient power. Gates has positioned nuclear as essential for AI data centers’ massive energy needs and climate goals. “This will revolutionize how power is generated,” he has said, emphasizing next-generation designs to support clean, reliable baseload energy.

The approval marks progress in Gates’ Breakthrough Energy efforts, launched a decade ago to scale clean tech. In his January 2026 annual letter “Optimism with Footnotes,” Gates warned global progress risks stalling without sustained innovation and aid, urging investments despite setbacks like foreign aid cuts.

The Gates Foundation’s 2026 agenda accelerates toward a 2045 closure, committing $200 billion total over the next 20 years — including a record $9 billion payout this year — to eradicate diseases like polio, malaria and tuberculosis while advancing AI in health and climate adaptation. CEO Mark Suzman highlighted three goals: saving lives, reducing inequities and building resilient systems.

Gates expressed cautious optimism in the letter, noting reversals in global health but predicting a “new era of unprecedented progress” within a decade if innovation pipelines hold. He stressed AI’s role in education, agriculture and healthcare, including partnerships like Horizon 1000 with OpenAI for African clinics.

Advertisement

Philanthropically, Gates continues divesting personal wealth to the foundation, focusing on high-impact areas. His portfolio through the foundation trust includes major stakes in Waste Management, Berkshire Hathaway and others, though specific March updates remain limited.

The dual headlines — congressional summons and nuclear milestone — underscore Gates’ enduring influence and controversies. At 70, he balances climate advocacy, health philanthropy and public accountability.

As TerraPower breaks ground and the Oversight probe unfolds, Gates’ actions in 2026 could shape energy transitions and public trust in billionaire philanthropists.

Advertisement
Continue Reading

Business

Scott Bessent warns the largest bombing campaign on Iran happens ‘tonight’

Published

on

Scott Bessent warns the largest bombing campaign on Iran happens ‘tonight’

Treasury Secretary Scott Bessent said Iranians are fighting on two fronts while warning when the nation will endure its next intense military operation from U.S. forces on “Kudlow” Friday.

“Tonight will be our biggest bombing campaign, and we’ll do the most damage to the Iranian missile launchers, the factories that build the missiles, and we are substantially degrading them,” Bessent told FOX Business host Larry Kudlow Friday.

Advertisement

After failing on the military front after what Bessent described as the United States’ “overwhelming” strike campaign, Iran has been forced to play another card, the economy.

US WEIGHS ASKING CHINA TO CURB RUSSIAN, IRANIAN OIL PURCHASES 

israel-attacks-on-iran-smoke

Smoke rises over the city center after the Israeli army launched a second wave of airstrikes on Iran Feb. 28, 2026. (Fatemeh Bahrami/Anadolu via Getty Images / Getty Images)

“Having not been able to succeed there [militarily], they’re trying to create economic chaos, and I don’t think they’re going to be able to do it,” he added.

This comes as the Trump administration bolsters insurance for U.S. vessels traveling through the Strait of Hormuz, a vital oil transit choke point primarily controlled by Iran.

Advertisement

About 20% of the world’s crude oil and natural gas passes through the critical waterway, and Bessent said its closure could roil energy markets.

“When the conflict began, [insurers] dropped all the insurance for any vessels going in and out of the Strait of Hormuz or generally around the Gulf,” Bessent explained.

In an effort to restore confidence in maritime trade during the conflict in Iran, the International Development Finance Corporation (DFC) announced Wednesday it will provide up to $20 billion in insurance to vessels traveling through the strait.

A navy vessel is seen sailing in the Strait of Hormuz

A navy vessel sails in the Strait of Hormuz, a vital waterway through which much of the world’s oil and gas passes, March 1, 2026.  (Sahar Al Attar/AFP via Getty Images / Getty Images)

PREDICTION MARKET KALSHI SUED OVER $54M IRAN LEADER BETS AFTER ‘DEATH CARVEOUT’ INVOKED

Advertisement

“What this program will do is give shippers insurance, whether they are hauling oil, products, fertilizer,” Bessent shared.

Iran asserts that the Strait of Hormuz is open but says it will not allow ships through that are linked to Israeli or U.S. interests, the Treasury secretary explained.

Bessent went on to discuss whether U.S. vessels will need protection when crossing through the Iranian-controlled waterway as tensions intensify between the nations.

Oil tanker in Strait of Hormuz

Oil tanker at a port in the Strait of Hormuz (Giuseppe Cacace/AFP via Getty Images / Getty Images)

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

Advertisement

“There is the willingness to go through the strait if we also provide a naval escort if needed,” he told FOX Business.

Bessent noted that Iranian and Chinese vessels have been seen successfully passing through during the conflict and vowed to solve the issue.

“We will await to hear from CENTCOM in terms of when they think safe passage is possible,” he said. “I don’t know whether it’s a week or two weeks, but we are on track to get this solved.”

Advertisement
Continue Reading

Business

Why the Dow Is on Pace for Its Worst Day of 2026

Published

on

Stocks Little Changed After Fed Decision

The Dow was the clear laggard among the major indexes on Thursday.

The blue-chip index fell 1,000 points, or 2.1%, while the S&P 500 was down 1.3%. The Nasdaq Composite was down 1.2%.

The Dow is on pace for its worst day since April of last year. With its latest drop, it’s also down 0.7% on the year. The index hasn’t finished a day negative on a year-to-date basis so far in 2026, according to Dow Jones Market Data.

Continue Reading

Trending

Copyright © 2025