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Economy, Stocks

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

March 17, 2020

“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…

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Stocks

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

March 10, 2020

“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…

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Economy

“Dow plunges by 950 points on fears coronavirus will tank global economic growth”

February 24, 2020

“The Dow Jones Industrial Average fell by more than 950 points at the open, erasing all gains for the blue-chip index for the year. The S&P 500 and Nasdaq were both down by around 4 percent, marking the biggest daily… Continue Reading…

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Stocks

“Dow closes more than 450 points lower as coronavirus fears rise”

January 28, 2020

“The Dow lost 453 points, wiping out the average’s gains for the year. The 30-stock average also notched its biggest one-day fall since October, along with its longest losing streak since August. The S&P 500 dropped 1.6%, snapping a 74-session… Continue Reading…

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Stocks

“Nasdaq tops 9,000 on boosts from Amazon, trade optimism”

December 31, 2019

“The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled… Continue Reading…

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Economy

“Millennials are about to trigger a major ‘changeover point’ for the US economy, asset manager says”

October 15, 2019

“U.S. adults aged between 21 and 38 years old will prioritize “necessity spending” over the next decade, Bill Smead told CNBC’s “Squawk Box Europe” on Monday. It comes after a 10-year period in which the same age group has “lived… Continue Reading…

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Stocks

“Dow Jones Jumps 150 Points On China News; Apple, Roku Rally On Analyst Actions”

October 9, 2019

“The stock market was sharply higher early Wednesday after Bloomberg News reported China was “still open to reaching a partial trade deal with the U.S.” as long as the U.S. would hold off on imposing more tariffs. The Dow Jones… Continue Reading…

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Banking, Economy

“Fed Cuts Interest Rates by Another Quarter Point”

September 19, 2019

“The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested it was prepared to move aggressively if the United States economy showed additional signs of weakening. For… Continue Reading…

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Investing

“Indicators Are Pointing to a Massive Move in Silver”

September 12, 2019

“Over the last three months, it seems as if gold’s performance has received a disproportionate amount of media coverage over silver’s… it’s interesting because silver had actually outperformed gold. Gold came in second at 18% to silver’s 20% peak. And despite… Continue Reading…

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Economy, Stocks

[8/14/19] “Dow tanks 800 points in worst day of 2019…”

August 20, 2019

“Stocks plunged Wednesday in the Dow Jones Industrial Average’s worst performance of 2019 after the bond market flashed a troubling signal about the U.S. economy. The Dow dropped 800.49 points or 3.05% to 2,5479.42, its worst percentage drop of the year and… Continue Reading…

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