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Dow Drops 400 Points Before FOMC!

Name: Dow Drops 400 Points Before FOMC!
Uploaded: 2023-05-03
Channel: David Kindley
Description: US Indices fell sharply in yesterday’s trading as investors grew fearful that the banking crisis has not yet ended.Citigroup Bank of America dropped over 3% as traders now turn their attention to today’s FOMC.With interest rates expected to rise once

By David Kindley Last updated Jan 23, 2026 93 0

US Indices fell sharply in yesterday’s trading as investors grew fearful that the banking crisis has not yet ended.

Citigroup Bank of America dropped over 3% as traders now turn their attention to today’s FOMC.

With interest rates expected to rise once again, will this be enough to stabilize the economy?

Timestamps
DOW 01:35
SPX500 03:05

FOMC

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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