Category: Dow

  • Bitcoin down 10% since end of July 29, DOW also slips

    Bitcoin showed its correlation with traditional markets on August 1, as the cryptocurrency fell alongside stocks and market indices. Bitcoin (BTC) has fallen more than 10% since July 29, when the cryptocurrency surged toward $70,000 and hit a two-month high after Donald Trump’s remarks in Nashville. As of this writing,…

  • Dow misses profit estimates on lower demand in Asia, Europe

    (Reuters) – Dow Chemical Co said on Thursday it missed second-quarter earnings expectations, hurt by lower prices and demand in key markets including Asia and Europe. Manufacturing activity in the eurozone and China declined during the quarter, with Chinese economic data in June showing raw material stocks in contraction territory.…

  • Dow slips in wake of global outage

    U.S. stocks fell on Friday as concerns about a global IT outage eased, with Wall Street looking to recover from a selloff that saw the Dow Jones Industrial Average snap a winning streak and technology stocks continue to slide. The Dow Jones Industrial Average (^DJI) fell 0.2%, after the blue-chip…

  • Mixed start for US stocks. Nasdaq and S&P higher. Dow lower.

    Major US indices continue to see changes in flows. Today, the Dow Jones and Russell 2000 are down. The S&P and Nasdaq are up. The current market snapshot shows: The Dow Jones Industrial Average fell -240 points, or -0.58%, to 40,425. The S&P 500 rose 3.14 points, or 0.05%, to…

  • Dow surges 742 points and small caps rally as investors bet big on Fed rate cuts

    The Dow Jones rose more than 700 points on Tuesday.Getty Images The Dow Jones rose more than 700 basis points on Tuesday. Small-cap stocks saw the biggest gain as bets on lower interest rates helped drive rotation to other parts of the market. Retail sales also encouraged investors, easing concerns…

  • S&P 500, Dow surge to record highs as blue chip index gains over 700 points

    Investors are confident that the Federal Reserve will cut interest rates by the end of its meeting in September. As of Tuesday morning, markets were pricing in a 100% chance of a rate cut in September, According to CME FedWatch TooNo, up from 70% a month ago. The increased confidence…

  • Market Breaks Records: Dow & S&P set for new high closes

    U.S. stocks are trading near their highs after some declines yesterday. The correction was for one day — at least for the S&P and Nasdaq. The Dow Jones Industrial Average was higher yesterday, as was the Russell 2000 index of small companies. Today, all major indices are enjoying strong gains.…

  • The Dow Industrial Average average can’t close at a record but closes just above 40,000

    The Dow Jones Industrial Average hit an intraday high of 40,257, enough for a record close. The previous record close was on May 17, when the index closed above 40,000 for the first time ever at 40,003.60. However, late-day selling pushed the price below 40,000, before a last-minute rally brought…

  • Stock indices shift. Dow higher. NASDAQ lower

    Money has shifted into the US stock market. Earlier, the Dow was low, the Nasdaq was high, and the S&P was in the middle. Currently, the Dow Jones Industrial Average is up, the S&P is almost unchanged and the Nasdaq has turned into negative territory. The Nasdaq closed higher for…

  • 3 Dow Stocks That Are No-Brainer Buys in June

    On May 26, Icon Dow Jones Industrial Average (DJI: ^DJI) It celebrated its 128th birthday. Since its introduction in 1896, it has undergone more than fourteen changes and gone from a 12-stock index filled with industrial companies to one now represented by 30 time-tested, diversified multinational companies. In mid-May, Dow…

  • U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 1.51% By Investing.com

    Investing.com – US stocks were mixed after the close on Friday, as gains in , sectors led stocks higher while losses in , sectors sent stocks lower. At the end of trading on the New York Stock Exchange, the index rose by 1.51%, while the index added 0.80%, and the…

  • Dow futures slide again as rates fears prey on nerves

    US stocks headed for further losses on Thursday, as lingering concerns about rising long-term interest rates and Salesforce (CRM) sales dampened investor sentiment. Dow Jones Industrial Average futures (YM=F) fell 0.9%, after losing more than 400 points to lead a stock market decline on Wednesday. Standard & Poor’s 500 futures…

  • Dow closes lower on rising yields, plunge in American Airlines By Investing.com

    Investing.com — The Dow Jones closed sharply lower on Wednesday, driven by higher Treasury yields and weaker industries as airline stocks fell sharply on concerns about demand after American Airlines Inc. cut its second-quarter earnings guidance. At 16:00 EDT (20:00 GMT), it was down 411 points or 1.1%, down 0.8%,…

  • NASDAQ index rises by over 1%. Dow Industrial Average average flat

    All major US stock indices close higher during the day, but with different spreads. The Dow Jones Industrial Average closed almost unchanged at 39,069.58, up 0.01%. The S&P closed up 36.86 points, or 0.70%, at 5,304.71. It was reached just short of Tuesday’s record close at 5,321.42. The Nasdaq index…

  • US stocks rally into the close but close mixed. Dow closing above 40K for the 1st time.

    Major US stock indexes rose at the close and it appears the Dow Jones not only closed at a record high, but also closed above 40,000 for the first time. The Dow Jones is the least favorite of the major indices, but it is the one that gets America most…

  • Dow hits 40,000 for the first time on Fed rate cut hopes

    The Dow Jones Industrial Average surpassed 40,000 points for the first time on Thursday as investors grew more confident that the stock market’s rally could continue on hopes that the Federal Reserve will begin cutting interest rates later this year. The oldest of Wall Street’s three major stock indexes has…

  • Dow, S&P 500, Nasdaq notch record close as cooling inflation boosts rate-cut hopes By Investing.com

    Investing.com – The Dow Jones, S&P 500 and Nasdaq closed at record levels on Wednesday, as consumer inflation fell more than expected after three months of bullish surprises, raising hopes for faster interest rates and sending Treasury yields sharply lower. At 16:00 EDT (20:00 GMT), it was up 349 points,…

  • Nasdaq, S&P, Dow futures fall as investors brace for CPI data

    Mberdi/E+ via Getty Images Stock index futures fell on Wednesday, a day after the Nasdaq closed at a new record high, as investors awaited important CPI data due later in the day. Standard & Poor’s 500 futures contracts (SPX) -0.1%Nasdaq 100 futures (US100:IND) -0.2% and Dow futures contracts (Endo) -0.1%.…

  • Dow ends higher for 6th session, but Treasury yields pressure market By Reuters

    Dow ends higher for 6th session, but Treasury yields pressure market By Reuters

    Written by David French (Reuters) – The index ended higher on Wednesday, extending its winning streak to six in a row and closing above 39,000 points for the first time in five weeks, as investors continued to bet on supportive US monetary policy. Other Wall Street indexes calmed slightly as…

  • Is It Time to Buy April’s Worst-Performing Dow Jones Stocks?

    Is It Time to Buy April’s Worst-Performing Dow Jones Stocks?

    Last month wasn’t great for the overall stock market, but it was very bad for a few blue-chip stocks. Most investors realize that big declines can be buying opportunities, but they should also recognize when jumping into a distressed stock is a bad idea. The current weakness of stocks may…