Fitness watch maker Fitbit said Wednesday it will release three new versions of its wearable trackers powered by Google this fall. Fitbit said the new models will come with six free months of Fitbit Premium. Fitbit was acquired by Alphabet Inc.’s (GOOG) (GOOGL) Google last year. Read More...
MarketWatch
Dow tumbles 640 points as stocks record worst day in 2 months
U.S. stocks finished sharply lower on Monday after their worst session in two months as investors braced for a more hawkish Federal Reserve. The S&P 500 slumped 90.49 points, or 2.1%, to 4,137.99. The Dow Jones Industrial Average fell 643.13 points, or 1.9%, to 33,063.61. The Nasdaq Composite dropped 323.64 points, or 2.6%, to 12,381.57. Market strategists blamed the weakness in stocks on expectations for more aggressive interest-rate hikes ahead of Fed Chairman Jerome Powell’s speech on Friday
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