Skip to comments.Dow jumps 240 points to all-time high as Wall Street ends record-breaking week on a high note
Posted on 07/12/2019 1:04:13 PM PDT by abb
Stocks rose to all-time highs on Friday as investors looked to end a record-setting week on a high note after testimony from the top Federal Reserve official signaled that a rate cut was coming.
The Dow Jones Industrial Average jumped 200 points. The S&P 500 traded 0.3% higher and was on pace to close above 3,000 for the first time ever. The Nasdaq Composite advanced 0.5% to a record high.
Shares of Dow, Inc. led the Dow Industrials higher, rising nearly 4%. Intel and Caterpillar, meanwhile, climbed 2.3% and 2.4%, respectively. J.B. Hunt Transport Services was the best-performing stock in the S&P 500, jumping 6.2%, and leading a 1.5% gain in the industrials sector.
(Excerpt) Read more at cnbc.com ...
S&P 500 closes above 3,000 for another record.
I put 10K into an S&P 500 index fund a month ago.
My return has been five percent to date. That’s sixty per cent annualized. The next correction will be a doozy.
Money making money ...... I like it.
They know Trump is going to blow it away in 2020. It’s gonna look like 1984.
The democrats and the fed better get their collusion into high gear to sabotage the US economy next summer
Trump has manufactured this.....crisis?
RE: The next correction will be a doozy.
Put a trailing stop to consolidate your gains.
Its amazing how closely this follows Federal Reserve monetary policy - or even just hints about it.
Can you do that with an index fund?
RE: Can you do that with an index fund?
Sure, if you buy an ETF and not a mutual fund.
We need five more years of this and I will be able to retire along with DJT in 2025.
8 years of GWB and 8 years of Obama got me practically nothing in a return.
Two years into Trump and it feels like 1998 again.
Record debt as well.
Gold on a run too. Can someone explain to me the dynamic of a rising DOW and gold?
That looks a little over my head.
Think I’ll stick with buy and hold.
RE: Record debt as well.
For this, BLAME CONGRESS.
Tax Revenue is up, but SPENDING RATE is even HIGHER !!
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