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Economy, Stocks

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

May 20, 2024

“…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…

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Stocks

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

March 28, 2024

“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…

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Stocks

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

January 30, 2024

“…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…

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Stocks

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

January 23, 2024

“…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…

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Economy, Stocks

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

December 15, 2023

“…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…

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Stocks

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

February 21, 2023

“…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…

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Economy, Stocks

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

January 12, 2023

“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…

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Stocks

“Dow climbs 20% from low as stocks rally and inflation fears ebb”

December 1, 2022

“US stocks surged on Wednesday, putting the blue-chip Dow Jones Industrial Average more than 20% above its September low after Federal Reserve Chair Jerome Powell’s dovish comments and signs of cooling US inflation raised hopes that the central bank will… Continue Reading…

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Stocks

“Stocks close lower, Dow drops nearly 500 points as supply chain concerns mount amid protests in China”

November 29, 2022

“Stocks closed lower Monday as social unrest from China’s prolonged Covid restrictions weighed on markets. The Dow Jones Industrial Average lost 497.57 points, or 1.45%, to end at 33,849.46. The S&P 500 dropped 1.54% to end at 3,963.94. The Nasdaq… Continue Reading…

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Stocks

“Dow Jones Surges 900 Points On Cool Inflation Data; Treasury Yields Dive”

November 10, 2022

“The Dow Jones Industrial Average briefly surged 900 points Thursday after the closely watched consumer price index, or CPI, inflation gauge came in cooler than expected. The 10-year Treasury yield dived to 3.87% Thursday after the cooler-than-expected CPI reading. Meanwhile,… Continue Reading…

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