March 17, 2020
“In a mid-day announcement, the New York Fed said it willconduct a $500 billion repo operation this afternoon, another move targeted at keeping money flowing through the system. Repo involves banks putting up high-quality collateral like Treasurys in exchange for… Continue Reading…
March 11, 2020
“Dow Jones industrial average tumbled 700 points, or about 3 percent, at the open. Standard & Poor’s 500 futures sank 2.8 percent and the Nasdaq fell 2.4 percent… Saudi Arabia on Wednesday announced its first oil production increase in a… Continue Reading…
January 9, 2020
“The Dow Jones Industrial Average gained 161.41 points, or 0.6% to close at 28,745.09. The Nasdaq Composite advanced 0.7% to 9,129.24 and notched intraday and closing records. The S&P 500 climbed 0.5% to 3,253.05and hit an intraday all-time high. The Dow was up as much as… Continue Reading…
December 31, 2019
“…the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion… Leading the 2019… Continue Reading…
December 18, 2019
“Stocks rose slightly on Wednesday as Wall Street tried to extend its winning streak to six days. However, gains were kept in check as investors digested weak earnings from shipping giant FedEx. The S&P 500 and Nasdaq Composite both hit intraday all-time highs, gaining… Continue Reading…
November 8, 2019
” The Dow and S&P 500 closed at fresh records Thursday… The Dow Jones Industrial Average DJIA, -0.18% rose 182.24 points, or 0.66%, to a record 27,674.80, while the S&P 500 index SPX, -0.15% gained 8.4 points, or 0.27%, to an all-time high of 3,085.18. The… Continue Reading…
June 20, 2019
“Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The S&P 500 surged 0.9%, hitting a record high of 2,954.33 as the tech and energy sectors outperformed. The Dow Jones Industrial Average gained 256 points… Continue Reading…
April 27, 2019
“The S&P 500 climbed 0.5% to 2,939.88, an all-time closing high. The tech-heavy Nasdaq ended the day up 0.3% at 8,146.40. The Dow Jones Industrial Average rose 81.25 points to 26,543.33 and closed 1.5% below its all-time high. First-quarter gross… Continue Reading…
April 24, 2019
“The S&P 500 (^GSPC) rose 0.88%, or 25.7 points, as of market close to reach 2,933.68. This exceeded the index’s previous record close of 2,930.75, but remains below the index’s all-time intraday high of 2,940.91. The Nasdaq (^IXIC) rose 1.32%,… Continue Reading…
April 4, 2019
“U.S. stocks ended higher amid positive reports for a U.S.-China trade deal and growth in eurozone economies. The S&P 500 (^GSPC) rose 0.21%, or 6.16 points, as of market close, landing its fifth consecutive day of advances as the materials… Continue Reading…
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