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Keyword: dow

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  • Mexico Unveils First Highway Paved With Recycled Plastic

    11/28/2019 8:38:29 AM PST · by Tolerance Sucks Rocks · 53 replies
    Yahoo! Finance ^ | November 25, 2019 | FreightWaves, Benzinga
    The first-ever highway partially made of reclaimed plastic was inaugurated in Mexico on Nov. 13. The 2.5-mile stretch of highway in the state of Guanajuato in central Mexico used 1.7 tons of recycled plastic, or the equivalent of 425,000 plastic packaging units, according to Dow Plastics Technology Mexico. "The advantage of using recycled plastic products is that they can be used on all types of highways, not only in high-performance products, which can extend the life span of any paved road," Paula Sans, Dow Mexico's director of packaging and specialty plastics, said in a release. The newly paved stretch of...
  • Dow loses nearly 500 points on fears that US economy is weakening

    10/02/2019 3:05:29 PM PDT · by Berlin_Freeper · 47 replies ^ | October 2, 2019 | Kevin Dugan
    Stocks got slammed for the second day in a row on Wednesday after weak payroll numbers stoked fears that President Trump’s trade wars were slowing down the US economy. The Dow Jones Industrial Average dropped by nearly 600 points, to a low of 25,974.12, after data from ADP showed that private US employers had hired fewer workers than expected. The Dow ended the day down 494.42 points, or 1.9 percent, to 26,078.62. The report, a precursor to the Labor Department’s more comprehensive jobs report due Friday, followed dismal numbers on US manufacturing Tuesday that showed activity was at its lowest...
  • Dow drops 200 points as Democrats talk Trump impeachment

    09/24/2019 10:09:26 AM PDT · by mplc51 · 59 replies
    CNBC ^ | 09/24/2019 | Fred Imbert
    Stocks traded lower on Tuesday, giving back earlier gains after House Speaker Nancy Pelosi said she will make an announcement on possibly impeaching President Donald Trump. The Dow Jones Industrial Average dropped 200 points, or 0.7% after gaining more than 100 points. The S&P 500 fell nearly 1% while the Nasdaq Composite pulled back 1.5%.
  • Art Laffer: Deal with China Could Boost Dow 10,000 Points

    09/05/2019 1:37:02 PM PDT · by ChicagoConservative27 · 71 replies
    Breitbart ^ | 09/05/2019 | Trent Baker
    Economist Arthur Laffer weighed in on the trade talks between the United States and China, touting what a deal between the two could do for the market. Laffer agreed with President Donald Trump’s assertion that such a deal could boost the Dow Jones Industrial Average 10,000 points. “I think he’s right about 10,000 on the Dow,” Laffer told Fox Business Network “Mornings” host Maria Bartiromo on Thursday. “I mean, that’s a pull out of a hat, but frankly, it’s a huge thing for that because it starts having a dynamic consequence with the rest of the world — Japan, South...
  • The Dow is down 573 points...

    08/23/2019 1:01:26 PM PDT · by Berlin_Freeper · 66 replies ^ | Aug 23, 2019 | Donald J. Trump
    The Dow is down 573 points perhaps on the news that Representative Seth Moulton, whoever that may be, has dropped out of the 2020 Presidential Race!— Donald J. Trump (@realDonaldTrump) August 23, 2019
  • The Dow plummets 650 points as yield-curve inversion triggers recession fears

    08/14/2019 10:13:59 AM PDT · by SeekAndFind · 100 replies
    Business Insider ^ | 08/14/2019 | Daniel Strauss
    Stocks plunged on Wednesday after the yield on 30-year Treasurys dropped to a new low and the spread between two- and 10-year Treasurys inverted for the first time since 2007. The inversion of the yield curve compounded concerns of an economic slowdown in the US, as the occurrence has preceded each of the last seven recessions. Disappointing economic data from Germany and China caused the rally in global bonds as investors shifted away from equities toward the relative-safety of long-term treasuries. Visit the Markets Insider homepage for more stories. US stocks plummeted on Wednesday after the spread between two- and 10-year Treasury...
  • Dow tumbles 400 points after bond market flashes a recession warning

    08/14/2019 7:11:42 AM PDT · by Berlin_Freeper · 82 replies ^ | August 14, 2019 | David Goldman
    The Dow slid more than 400 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions.
  • The Trade War Isn’t The Only Reason For The Dow’s Big Drop (Why Trade Talks With China Broke Down)

    08/08/2019 9:54:59 AM PDT · by SeekAndFind · 12 replies
    The Federalist ^ | 08/08/2019 | By Willis L. Krumholz
    Last week, President Trump threatened to place a 10 percent tariff on $300 billion worth of Chinese imports on September 1 unless trade talks with China showed more sign of progress. Already, America has tariffed $250 billion of Chinese imports at 25 percent, and if tariffs are placed on the $300 billion basket of goods, this would increase tariffs on all Chinese imports to the United States.President Trump is unhappy that talks last week in Beijing between Chinese officials and U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin broke down. He’s also unhappy that China hasn’t...
  • Dow plunges 875 points after China devalues its currency

    08/05/2019 11:47:14 AM PDT · by Innovative · 75 replies
    CNN Business ^ | Aug. 5, 2019 | Anneken Tappe
    The Dow tumbled 875 points and global stocks were in disarray on Monday after China escalated the trade war with the United States. The Chinese government devalued the yuan to fall below its 7-to-1 ratio with the US dollar for the first time in a decade Monday. A weaker currency could soften the blow the United States has dealt China with its tariffs. The weak yuan ignited fear on Wall Street that a currency war has begun or that the United States would respond with even higher tariffs, prolonging the standoff with China and potentially weakening the global economy. Investors...
  • Futures point to Dow opening more than 300 points lower amid US-China trade turmoil.

    08/05/2019 2:29:03 AM PDT · by Drago · 23 replies
    CNBC ^ | 7-5-2019 | Eustance Huang-Silvia Amaro
    Futures on Monday morning pointed to a lower open for stocks stateside. Dow Jones Industrial Average futures dropped 333 points, implying an opening decline of 378 points on Monday’s open, as of 4:35 a.m. ET Monday. Futures also pointed to opening declines for the S&P 500 and Nasdaq on Monday.
  • Dow tops 27,000 for first time after Powell signals rate cut

    07/11/2019 9:17:16 AM PDT · by SeekAndFind · 52 replies
    Fox News ^ | 07/11/2019 | Joe Williams
    The Dow Jones Industrial Average topped 27,000 for the first time on Thursday as the top three equity benchmarks Opens a New Window. traded higher on Wall Street Opens a New Window. after Federal Reserve Opens a New Window. Chairman Jerome Powell Opens a New Window. signaled the central bank was still moving towards an interest rate cut due to trade uncertainties. Following several days of uneven trading activity over concerns that the Federal Reserve would withhold moving forward on the expected cuts, investors were optimistic after Powell’s remarks that the central bank’s outlook for the U.S. economy is weighed...
  • Dow Industrials Close at Record High

    07/03/2019 10:06:29 AM PDT · by abb · 54 replies
    The Dow Jones Industrial Average closed at a record on Wednesday, notching its fourth straight session of gains.
  • Dow jumps more than 200 points, posts 3-day winning streak, boosted by bank shares and Walmart

    05/17/2019 8:25:21 AM PDT · by rktman · 11 replies ^ | 5/16/2019 | Fred Imbert
    Stocks rose on Thursday as sentiment was boosted by strong earnings from Walmart and Cisco Systems while banks climbed on higher rates. The Dow Jones Industrial Average closed 214.66 points higher at 25,862.68, led by Walmart and Cisco. The S&P 500 gained 0.9% to close at 2,876.32 while the Nasdaq Composite advanced 1% to 7,898.05. The major indexes also closed higher for the third straight day. Walmart shares rose 1.4% after the retailer posted first-quarter earnings for fiscal 2020 that topped analyst expectations. The company said it is in a “good position ” to meet its goals for 2019 despite...
  • Dow drops nearly 500 points after China retaliates with tariff hikes

    05/13/2019 8:04:07 AM PDT · by SeekAndFind · 131 replies
    CNBC ^ | 05/13/2019 | Fred Imbert
    Stocks fell sharply on Monday, giving back the gains from a strong turnaround in the previous session, after China decided to raise tariffs on some U.S. goods as the ongoing trade war between the worldÂ’s largest economies intensifies. The Dow Jones Industrial Average traded down 490 points, while a 2.8% drop in the tech sector pushed the S&P 500 down by 1.9%. The Nasdaq Composite dropped 2.6%. China will hike tariffs on $60 billion worth of U.S. imports, starting on June 1. The goods targeted include a broad range of agricultural products. This comes after President Donald Trump raised tariffs...
  • Dow futures drop 400 points after Trump’s tariff threat catches traders expecting a deal off guard

    05/05/2019 5:03:59 PM PDT · by aimhigh · 78 replies
    CNBC ^ | 05/05/2019 | Thomas Franck
    A sharp sell-off will start the week on Wall Street after President Donald Trump said on Sunday that the U.S. will hike tariffs on goods imported from China, casting doubt on recent optimism that the world’s two largest economies were close to a resolution to their trade battle. Dow Jones Industrial Average futures lost 400 points after falling as much as 479 points earlier Sunday evening. S&P 500 futures dropped 1.3% shortly after their open Sunday evening, while Nasdaq-100 Index futures dropped 1.5%. Trump said in a tweet Sunday afternoon that the current 10% levies on $200 billion worth of...
  • Dow jumps nearly 450 points, clinches 8th straight weekly gain [25,883.25 !]

    02/15/2019 1:41:51 PM PST · by Red Badger · 23 replies
    CNBC ^ | 02-15-2019 | Fred Imbert | Michael Sheetz
    Stocks surged on Friday amid increasing hopes for a U.S.-China trade deal as equities posted another solid weekly gain. The Dow Jones Industrial Average jumped 443.86 points to 25,883.25 as J.P. Morgan Chase and Goldman Sachs outperformed. The S&P 500 gained 1.1 percent to close at 2,775.60, led by the energy and industrials sectors. The Nasdaq Composite advanced 0.6 percent to end the day at 7,472.41. Energy shares were boosted by higher oil prices. West Texas Intermediate futures rose 2.2 percent to $55.59 per barrel. Bank stocks also rose broadly. The SPDR S&P Bank ETF (KBE) climbed 2.25 percent. Goldman...
  • Dow tumbles more than 600 points on Apple plunge, rising fears of an economic slowdown

    01/03/2019 2:38:21 PM PST · by Red Badger · 69 replies
    CNBC ^ | Published Wed, Jan 2 2019 • 4:37 PM EST | Fred Imbert & John Melloy
    U.S. stocks fell sharply on Thursday following a dire quarterly warning from Apple. The iPhone maker blamed a slowing Chinese economy for the shortfall, intensifying fears that the global economy may be slowing down because of the ongoing trade war. A weaker-than-expected reading on U.S. manufacturing added to those fears. The Dow Jones Industrial Average dropped 660.02 points, or 2.8 percent, to 22,686.22 as Apple shares led the decline. The 30-stock index tumbled to its low of the day right before the close, trading down as much as 707.83 points. The S&P 500 pulled back 2.47 percent to 2,447.89 as...
  • Dow turns positive, erases a 600-point drop

    12/27/2018 12:44:05 PM PST · by abb · 101 replies
    CNBC ^ | December 27, 2018 | Fred Imbert
    The Dow Jones Industrial Average traded higher on Thursday, erasing steep losses a day after posting a historic surge. The 30-stock index traded 31 points higher after plunging 611 points earlier in the day. The S&P 500 held just above the flatline after sliding more than 2 percent. The Nasdaq Composite traded 0.2 percent lower after dropping more than 3 percent. Earlier in the day, stocks fell amid renewed tensions between China and the United States.
  • Dow rallies 1,000 points, logging its biggest single-day point gain ever

    12/26/2018 12:19:40 PM PST · by Candor7 · 164 replies
    CNBC ^ | 26 Dec. 2018 | Fred Imbert & Eustance Huang
    Stocks rose sharply in volatile trading on Wednesday as surges in retail and energy shares helped Wall Street regain the steep losses suffered in the previous session. The Dow Jones Industrial Average traded 657 points higher as of 3:05 p.m. ET, while the S&P 500 gained 3.05 percent. The Nasdaq Composite outperformed, rising 3.96 percent. Both the S&P 500 and Nasdaq were on track for their biggest one-day gains since Aug. 26, 2015 and erased Monday's losses. The Dow also recovered all of its losses from Monday.
  • Dow surges 550 points as Wall Street rebounds from worst Christmas Eve ever

    12/26/2018 10:16:18 AM PST · by Red Badger · 53 replies
    CNBC ^ | 12/26/2018 | Fred Imbert | Eustance Huang
    Stocks rose sharply in volatile trading on Wednesday as surges in retail and energy shares helped Wall Street regain most of the steep losses suffered in the previous session. The Dow Jones Industrial Average traded 550 points higher as of 12:58 p.m. ET, while the S&P 500 gained 2.6 percent. The Nasdaq Composite outperformed, rising 3.5 percent. The Dow and S&P 500 briefly turned negative earlier in the day. Retailers were among the best performers on Wednesday, with the SPDR S&P Retail ETF (XRT) jumping 3.5 percent. Shares of Wayfair, Kohl's and Dollar General all rose at more than 5.5...