Advertisement
Singapore markets close in 6 hours 28 minutes
  • Straits Times Index

    3,290.27
    +2.52 (+0.08%)
     
  • Nikkei

    37,801.63
    +173.15 (+0.46%)
     
  • Hang Seng

    17,570.29
    +285.75 (+1.65%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,432.68
    +152.46 (+0.24%)
     
  • CMC Crypto 200

    1,393.18
    +10.61 (+0.77%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,347.30
    +4.80 (+0.20%)
     
  • Crude Oil

    83.86
    +0.29 (+0.35%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,573.05
    +3.80 (+0.24%)
     
  • Jakarta Composite Index

    7,120.22
    -35.08 (-0.49%)
     
  • PSE Index

    6,570.02
    -4.86 (-0.07%)
     

Why Marriott Stock Was Down 5.6% Today

Why Marriott Stock Was Down 5.6% Today

Shares of Marriott International (NASDAQ: MAR) fell 5.6% on Wednesday, closing at $148.17. The major indexes were all up in the morning in anticipation of the announcement by the Federal Reserve Board on interest rates, but after that announcement came, the indexes all plummeted. The Federal Reserve Board meeting was the big news of the day and the board, as expected, raised interest rates by 75 basis points for the third straight time.