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Stocks

“Dow tumbles 1,000 points, S&P 500 posts worst day since 2022 in global market sell-off…” [Aug 5 2024]

“Stocks fell sharply on Monday, with the Dow Jones Industrial Average posting its worst day in nearly two years, as worries over the health of the U.S. economy sparked a global market sell-off. The Dow dropped 1,033.99 points, or 2.6%, to end at 38,703.27.… Continue Reading…

Economy, Stocks

“Dow closes down 600 points, Nasdaq enters correction after weak jobs report…” [Aug 3 2024]

“Stocks fell sharply on Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession. The broad market index dropped 1.84% to end at 5,346.56. The Nasdaq Composite lost 2.43% to close at 16,776.16, bringing… Continue Reading…

Economy, Stocks

“Dow Jones Slides 375 Points After Jobless Claims, GDP; Salesforce Plunges 20% On Earnings” – May 30, 2024

“The Dow Jones Industrial Average tumbled 375 points Thursday after weekly unemployment claims and quarterly GDP data both came in weaker than expected. Dow Jones giant Salesforce (CRM) plunged on the stock market today after the company’s earnings report, while artificial intelligence… Continue Reading…

Economy, Stocks

“All 3 major stock indexes close at record highs as inflation slows down”

“…The Dow Jones Industrial Average, S&P 500 and Nasdaq composite all rallied Wednesday after the Labor Department reported inflation falling to a 3.4 percent annual rate in April after a 0.3 percent monthly increase in prices, according to the consumer… Continue Reading…

Stocks

“Dow closes 300 points lower Friday, but notches best week since December…”

“UPDATED FRI, MAR 22 2024 4:34 PM EDT… All three major averages notched healthy gains this week, with the S&P 500 rising about 2.3%. The Dow was up just shy of 2% for its best week since December. The Nasdaq is the outperformer… Continue Reading…

Stocks

“Dow Jones Drops To Kick Off Busy Week; SoFi Stock Surges 22% On First-Ever Profit”

“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2… Continue Reading…

Stocks

“Dow rises more than 100 points to close above 38,000 for the first time ever…”

“…The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, also reaching a fresh… Continue Reading…

Economy, Stocks

“Dow Jones hits an all-time high as investors cheer progress on inflation”

“…The Dow closed at 37,090 — up more than 500 points, or 1.4 percent, for the day — surpassing a record in January 2022, fueled by the Fed decision to hold rates steady due to progress on inflation. The milestone caps a banner… Continue Reading…

Stocks

“Dow falls 400 points as higher rates pressure stocks…”

“…The Dow Jones Industrial Average dropped 457 points, or 1.35%. The S&P 500 slid 1.3%, and the Nasdaq Composite pulled back by 1.7%. The Dow briefly fell by 500 points before reversing some of its losses. Home Depot shares fell… Continue Reading…

Economy, Stocks

“Dow climbs nearly 200 points after December CPI report shows cooling inflation”

“Stocks advanced Thursday after December’s consumer price report showed inflation cooled for the month, raising hopes the Federal Reserve can once again slow interest rate hikes. The Dow Jones Industrial Average gained 186 points, or 0.6%. The S&P 500 added… Continue Reading…