Economy

“Dow drops 650 points on growing omicron fears, Powell taper comments”

“Stocks tumbled Tuesday, reversing Monday’s rebound on Wall Street, as investors reassessed risks associated with the new Covid variant, omicron. Major averages dropped to their session lows after Federal Reserve Chairman Jerome Powell said the central bank will discuss speeding up the… Continue Reading…

Stocks

“Dow rises 100 points to another all-time high amid strong earnings”

“…The Dow Jones Industrial Average gained 120 points to touch another all-time high. The S&P 500 rose 0.4%, hitting an intraday record as well. The Nasdaq Composite traded 1% higher, sitting 0.2% below its record high. United Parcel Service saw… Continue Reading…

Economy, Predictions, Opinions, & Comments, Stocks

“Dow sheds 400 points as investors ditch technology stocks, Nasdaq drops 2%”

“The Dow Jones Industrial Average fell about 430 points, despite a large gain in Merck. The S&P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%. Large tech shares like Apple, Nvidia, Amazon and Microsoft were lower as investors eyed bond… Continue Reading…

Stocks

“Dow sheds 500 points amid growing risks, on pace for its worst sell-off since July”

“U.S. stocks began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market. The Dow Jones Industrial average lost 500 points, or 1.4%, set for its biggest… Continue Reading…

Stocks

“Dow rises 250 points amid better-than-expected jobs data, Boeing shares jump”

“The Dow Jones Industrial Average jumped 250 points. The S&P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 4% on optimism about an economic recovery. It looks like gains for the overall market… Continue Reading…

Stocks

“Dow drops 150 points to start the week as tech shares lag”

“The Dow Jones Industrial Average fell 150 points, or 0.45%, as Home Depot and Boeing weighed on the blue-chip index. The S&P 500 also lost 0.45% as the tech sector pulled back 0.7%. The Nasdaq Composite fell 0.7%. Big Tech quickly came under pressure to start… Continue Reading…

Stocks

“Market rally picks up steam with the Dow jumping 550 points”

“The Dow Jones Industrial Average rose 550 points, while the S&P 500 jumped 1.5% as all 11 sectors traded in the green. The tech-heavy Nasdaq Composite also popped 1.5% as Apple and Microsoft both rebounded more than 2%. Alphabet and… Continue Reading…

Stocks

“Dow jumps 300 points to begin May, reopening trades gain”

“The Dow Jones Industrial Average rose 300 points. The S&P 500 gained 0.6% and the Nasdaq Composite inched up 0.4%. Berkshire Hathaway shares rose 1% after Warren Buffett’s conglomerate reported a 20% surge in operating earnings and continued to buy back large… Continue Reading…

Stocks

“Dow touches record to start 2021, then falls more than 400 points “

“Stocks fell on Monday, the first trading day of 2021, following a wild but highly profitable year for investors. The Dow Jones Industrial Average traded 412 points lower, or 1.4%. The S&P 500 dipped 1.1%, and the Nasdaq Composite slid… Continue Reading…

Stocks

“Dow rises for the fourth time in five days, ekes out record closing high”

“The Dow Jones Industrial Average gained 73.89 points, or 0.2%, to 30,409.56. The 30-stock average eked out a record closing high. The S&P 500 climbed 0.1% to 3,732.04, and the Nasdaq Composite advanced 0.2% to close at 12,870. Wednesday marked the fourth positive session in five… Continue Reading…