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Economy, Stocks

“Nasdaq closes at all-time high, Dow less than 7% off record, as Wall Street looks for Fed to keep support intact”

“The Dow Jones Industrial Average DJIA, -0.70% climbed 461.46 points, or 1.7%, to end at 27,572.44, its sixth straight gain. The S&P 500 SPX, -0.66% rose 38.46 points, or 1.2%, finishing at 3,232.39. The tech-heavy Nasdaq Composite Index COMP, +0.18% gained 110.66 points, or 1.1%, ending at 9,924.74, a… Continue Reading…

Economy, Stocks

“Dow jumps more than 800 points, Nasdaq hits a record after surprise jobs surge boosts recovery bets”

“The Nasdaq Composite became the first of the three major averages to climb back to an all-time high, advancing 2.0%, or 198.27 points, to 9,814.08 on Friday and touching an intraday record of 9,845.69. After tumbling as much as 25% earlier this… Continue Reading…

Stocks

“Dow Jones Futures Jump On Memorial Day…”

“Dow Jones futures rose solidly Monday morning, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day. The coronavirus stock market rally powered ahead last week, with the Nasdaq composite nearing all-time highs. Apple (AAPL), Microsoft (MSFT), Google parent Alphabet (GOOGL), Tesla (TSLA)… Continue Reading…

Stocks

“Dow drops 100 points to end April after more dismal economic data”

“…The Dow Jones Industrial Average traded 134 points, or 0.5%. The S&P 500 slid 0.4%. The Nasdaq Composite rose marginally. Earlier in the session, the Dow dropped more than 300 points. A 3.8% jump in Boeing shares helped the Dow claw back some of its earlier… Continue Reading…

Stocks

“…Stocks extend gains, Dow adds 700+ points”

“10:38 a.m. ET: Stocks pare some gains Stocks eased up after surging at market open. Each of the three major indices, however, was still up at least 1%. Gains in the S&P 500 were led by the Energy sector, up… Continue Reading…

Stocks

“The Dow just booked the worst 1st quarter in 124 years…”

“Indeed, it has been punishing for investors, as the market went into a coronavirus-sparked free fall that has the 124-year-old Dow Jones Industrial Average registering its worst quarterly loss since the fourth quarter of 1987. The three-month skid represented the… Continue Reading…

Economy, Stocks

“Dow drops nearly 3,000 points… worst day since ’87”

“The Dow Jones Industrial Average closed 2,997.10 points lower, or 12.9%, at 20,188.52. The 30-stock Dow was briefly down more than 3,000 points in the final minutes of trading. The S&P 500 dropped 12% to 2,386.13 — hitting its lowest level since December 2018… Continue Reading…

Economy, Stocks

“Dow plunges 10% amid coronavirus fears for its worst day since the 1987 market crash”

“Stocks plummeted once again on Thursday after President Donald Trump and the Federal Reserve both failed to quell concerns over the economic slowdown stemming from the coronavirus, leading to a historic drop for the U.S. markets. The Dow Jones Industrial Average closed 2,352.60… Continue Reading…

Stocks

“Dow slides… oil price war escalates”

“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…

Stocks

“Global stocks and oil mount a recovery while Dow gains 800 points”

“Markets in Asia and Europe staged a recovery Tuesday, and the Dow soared 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic… The Dow (INDU) soared 3.3%. The S&P 500 (SPX) rose 2.9% and the Nasdaq (COMP) was up 2.7%.JPMorgan equity strategists… Continue Reading…