Why Is The Stock Market Down Today 2024 March. The dow jones industrial average. Dow, s&p 500, and nasdaq hit record closes stocks rallied after the federal reserve held rates steady and kept its earlier forecast of three cuts this year.

The dow led the way, rising 0.7% to bring it closer to the 40000 mark. Costco (cost) shares fell after it reported slower sales growth than analysts had been expecting in its 2024 fiscal second quarter.