Why did stocks slide on Friday?

Stocks declined due to concerns that the Federal Reserve will raise interest rates at its next two meetings, spurred by strong earnings reports from major banks.

Which major indices still gained ground this week?

the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains for the week, despite Friday's downturn.

What did JPMorgan Chase's CEO say about interest rates?

JPMorgan Chase CEO Jamie Dimon warned investors to anticipate interest rates remaining higher for a longer period than initially expected.

What are analysts predicting for future Fed meetings?

Analysts have increased their bets on a quarter-point rate hike at the fed's meeting in May and another in June.

Is a recession expected in the United states?

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, stated that a mild recession in the United States is 'definitely' possible following recent banking sector instability.

How is consumer spending affecting the US economy?

Retail sales data declined more than anticipated, suggesting that Americans' spending power and the overall US economy are weakening.

World

Dow & S&P 500: Stock Market & Bank Earnings – Latest Updates

by Lucas Fernandez – World Editor June 21, 2025

written by Lucas Fernandez – World Editor June 21, 2025

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Stocks Slide Amid Interest Rate Hike Concerns Despite Bank Earnings

U.S. stock markets experienced a downturn on Friday, June 21, 2025, as robust earnings reports from major banks intensified concerns that the Federal Reserve might implement additional interest rate hikes in its upcoming meetings

Lucas Fernandez – World Editor

Lucas Fernandez – World Editor Lucas Fernandez is World Editor at World Today News, bringing more than a decade of international reporting experience. He covers global events, diplomacy, and geopolitics, making complex world news accessible for all audiences.

Dow & S&P 500: Stock Market & Bank Earnings – Latest Updates

Stocks Slide Amid Interest Rate Hike Concerns Despite Bank Earnings

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