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Keyword: dow30

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  • Dow jumps 558+ points, Nasdaq exits bear market as coronavirus concerns ease

    04/14/2020 1:15:12 PM PDT · by Conserv · 20 replies
    U.S. equity markets rallied Tuesday as concerns over the coronavirus ease and early-stage plans of re-opening some pockets of the economy take shape. DOW JONES AVERAGES 23949.76 +558.99 +2.39% S&P 500 2847.34 +85.71 +3.10% NASDAQ COMPOSITE INDEX 8515.915505 +323.49 +3.95% The Nasdaq surged nearly 4 percent stretching its winning streak to four days, the longest since February.
  • Dow futures drop 900 points as Trump speech disappoints investors

    03/11/2020 7:01:11 PM PDT · by cann · 184 replies
    CNBC ^ | WED, MAR 11 20206:06 PM ED
    utures contracts tied to the major U.S. stock indexes fell on Wednesday night after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus. The move comes after the Dow Jones Industrial Average ended its historic 11-year bull market run by closing in a bear market. Dow futures were down 900 points, indicating a loss of about 860 points at Thursday’s open. S&P 500 and Nasdaq 100 futures were also sharply lower.
  • Six Of The Hottest Oil Stocks For 2020

    01/08/2020 7:56:41 AM PST · by bananaman22 · 17 replies
    Oilprice.com ^ | 01-07-2020 | Charles
    This is what the bears don’t get about oil stocks: These are no longer the reckless, wasteful, binge years of the shale boom. The smart companies have adapted to a new reality. close [x] Pause Unmute Remaining Time -1:33 Fullscreen Now, it’s about dramatic new offshore discoveries that are being brought online in record speed. It’s about brilliant new well-completion designs that enhance productivity. It’s about integrated giants who win, either way. It’s about extremely ambitious small-caps that slip into new venues and scoop up massive basins when no one’s looking. It’s about ingenuity on multiple levels that translates into...
  • S&P 500 hits all-time high after Trump’s comments on Iran attack spark ‘sigh of relief rally’

    01/08/2020 10:31:35 AM PST · by C19fan · 14 replies
    CNBC ^ | January 7, 2020 | Fred Imbert, Silvia Amaro, and Saheli Roy Choudhury
    Stocks rose on Wednesday after President Donald Trump spoke about an attack by Iran on an Iraqi airbase that houses American troops, which had led to a massive sell-off in overnight trading. The Dow Jones Industrial Average gained 213 points, or 0.8%. The Nasdaq Composite advanced 0.7% and hit an all-time high. The S&P 500 also climbed 0.7% and hit a record high as well. Trump said Iran appeared to be “standing down” after that nation attacked the Ain al-Asad airbase overnight. However, he added the U.S. will “immediately impose additional punishing economic sanctions on the Iranian regime.” “Now, as...
  • Dow turns positive despite geopolitical concerns, recovering from earlier 200-point loss

    01/06/2020 10:56:16 AM PST · by John W · 5 replies
    cnbc.com ^ | January 6, 2020 | Fred Imbert
    Stocks rose slightly on Monday, recovering losses from earlier in the session as oil dipped despite rising geopolitical worries following last week’s U.S. killing of Iran’s top general. Monday’s marginal gains were in contrast to Friday’s sharp decline. The Dow and S&P 500 had their worst trading day in a month on Friday, the morning after President Donald Trump approved a U.S. airstrike in Baghdad that killed top Iranian Gen. Qasem Soleimani. “If you were looking for a reason to sell, you got one,” said Art Hogan, chief market strategist at National Securities. “But the fundamental backdrop hasn’t changed in...
  • The sell-off started with a mysterious plunge overnight

    12/06/2018 10:26:51 AM PST · by BeauBo · 25 replies
    CNBC ^ | 6 Dec 2018 | Thomas Franck
    Speculation for the swell in volume and plunge in futures included the news of the arrest of the CFO of the Chinese telecom company Huawei. Traders also speculated that the selling could be attributed to a large fund or funds liquidating a position.
  • US markets plunge after arrest of Chinese tech executive

    12/06/2018 9:26:43 AM PST · by bitt · 39 replies
    The Hill ^ | 12/6/2018 | alexander bolton
    The Dow Jones Industrial Average plunged by almost 500 points Thursday morning, the first day of trading after U.S. authorities secured the arrest of a Chinese technology company executive, fueling fears that the trade war with China is heating up. News broke late Wednesday that Canadian law enforcement had arrested Meng Wanzhou, chief financial officer of Huawei Technologies, a major Chinese tech firm that has been linked to the Chinese military. U.S. officials have requested her extradition, citing a suspected sanctions violation.
  • Trump sends Dow Jones plunging nearly 800 points by tweeting 'I am a tariffs man' raising fears...

    12/04/2018 2:20:45 PM PST · by Morgana · 65 replies
    Daily Mail UK ^ | DECEMBER 4, 2018 | Francesca Chambers, White House Correspondent For Dailymail.com
    FULL TITLE: Trump sends Dow Jones plunging nearly 800 points by tweeting 'I am a tariffs man' raising fears his 'truce' with China will be followed by full-scale trade war and recession U.S. stock markets plummeted Tuesday as a series of tweets from President Donald Trump suggested a trade war with China could resume next year despite claims of a truce and a long-term deal between the two countries. The Dow Jones closed almost 800 points down at 25,027, a loss of 3.1 per cent of its value, while billions were also wiped off the value of the Nasdaq and...
  • Dow falls 500 points, dragged down by Apple

    11/19/2018 11:21:14 AM PST · by Red Badger · 119 replies
    CNN Business ^ | 11/19/2018 | By Paul R. La Monica, CNN Business
    New York (CNN Business)Stocks fell sharply Monday, dragged down by reports that Apple's newest line of phones may not be selling as well as Apple or its investors had hoped. The Dow fell more than 500 points and the Nasdaq tumbled 2.8%. Apple's stock fell once more after the Wall Street Journal reported that Apple has cut orders for its iPhone XR, iPhone XS and iPhone XS Max. The new iPhones, which Apple unveiled in September, cost more than previous versions. The $749 iPhone XR is the least expensive new iPhone, but it costs $50 more than last year's cheapest...
  • Dow tumbles more than 200 points in wild session, S&P 500 closes in correction territory

    10/29/2018 5:23:59 PM PDT · by Poison Pill · 16 replies
    CNBC ^ | 10/29/2018 | Fred Imbert | Thomas Franck
    Stocks closed lower on Monday, giving up sharp gains from earlier in the day in a wild session that saw the Dow Jones Industrial Average travel more than 900 points. The S&P 500 closed in correction territory, down 10 percent from its recent high. Traders blamed the possibility of more U.S.-China tariffs
  • Here’s what all 30 companies that make up the Dow industrials think about the tax cuts

    12/28/2017 2:11:54 PM PST · by Red Badger · 11 replies
    www.marketwatch.com ^ | Published: Dec 28, 2017 8:50 a.m. ET | Tomi Kilgore and Jacob Passey
    President Donald Trump can make corporate America great, or at least more competitive, after he signed the tax bill into law Friday, according to a MarketWatch survey of the large multinational members of Dow Jones Industrial Average. Almost all the companies that responded applauded the legislation, mostly in the broadest sense and largely in corporate-speak without specifics, saying the lowered corporate tax rate would “allow” or “enhance” the ability of U.S.-headquartered companies to compete more fairly with overseas-based companies. The new tax law lowers the maximum corporate tax rate to 21% from 35%. Although a few companies said the new...