Stories from New York · United States

The Dow Jones Industrial Average fell by one point during morning trading. The Nasdaq dropped 300 points, while the S&P 500 declined by 49 points. These movements occurred as of 11:00 AM. The market activity follows recent volatility in tech stocks. This market movement occurs ahead of a Federal Reserve decision on interest rates scheduled for later today. Wall Street is currently open for business. The S&P 500 remained relatively flat during the same period. These market movements occurred as reported by Marketplace. Starbucks and Visa were mentioned alongside the market movement. The market decline occurred during trading on Wednesday. No specific reason for the Fed-related uncertainty was provided in the report.

The Wall Street Journal reported that OpenAI growth concerns have caused market reactions.

Bertelsmann-owned BMG is merging with US-based Concorde to expand its music division. Concorde holds rights to more than 125,000 artists, including Miles Davis and R.E.M. The combined entity will control 4 million songs.

The S&P 500 index fell by 7.10 percent during market trading. David Kelly, chief global strategist at JPMorgan, noted that inflation may hit 4 percent by this summer. The market movement occurs amid discussions regarding central bank interest rate decisions. Kelly stated there is no excuse for interest rate cuts given the upward inflation trend. The NASDAQ is down 1.3% alongside the S&P 500 decline. The American market is losing more than 1.5 percent in the high-tech segment, while the S&P 500 is down 0.8 percent. Continental European indicators are losing over 0.5 percent, and London is down 0.15 percent. The Moscow Exchange index has returned to 2,702 points. The Nasdaq also fell by 1.3% following reports of slowing growth at OpenAI. The S&P 500 fell 0.5 percent as markets pulled back from recent records.

New York City officials announced a complete halt in measles transmission after no new cases were recorded for more than 42 days. The outbreak, which began in October 2025, was primarily linked to private schools with low vaccination rates. The 42-day period covers two full measles incubation periods. Health officials confirmed a complete halt in measles transmission following 42 days without new cases. The outbreak, which began in October 2025, infected nearly 1,000 people over six months, including 639 children. The last new case was confirmed on March 17th.

A man named Tuthaker discovered a benign brain tumor after experiencing a seizure triggered by laughter. The seizure occurred while watching a New York Giants field goal attempt by kicker Young Ho Koo during Monday Night Football. A CT scan revealed the tumor, which has since been removed. Tuthaker was able to return home by the end of the week.

T-Mobile has introduced a managed broadband offering that combines 5G connectivity with Starlink satellite services. The package is designed to provide business continuity for enterprise clients.

Songwriter Don Schlitz has died at the age of 73. He is credited with writing 'The Gambler' for Kenny Rogers. The broadcaster noted his work was definitive for the genre.

Goldman Sachs has filed with the SEC to launch a new Bitcoin fund. The filing comes as Bitcoin and Ethereum prices hold steady ahead of potential Federal Reserve meetings.

The NASDAQ index fell by 227 points, nearly one percent, during Tuesday trading. Coca-Cola is the largest gainer among the 30 blue-chip stocks, rising approximately 5% following news regarding Coke Zero. The Nasdaq index fell 0.9 percent following reports that OpenAI missed revenue and user targets ahead of its planned initial public offering. Oracle shares fell 4 percent due to scrutiny over its reliance on AI for cloud computing ambitions. Other semiconductor stocks, including NVIDIA, AMD, and Broadcom, also declined following the news. The Nasdaq Index fell 0.9% to close at 24,663 points, dropping nearly 1.5% during the session. Analysts are discussing whether the AI semiconductor cycle is transitioning faster than expected. The discussion included industry analyst Lee Ju-hwan, a former researcher at SK Hynix. No specific market figures were provided in the report.