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Keyword: dowjones

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  • Dow Industrial Average Down 88 on last trading day of 2022.

    12/30/2022 1:21:54 PM PST · by Robert A Cook PE · 25 replies
    DJA | 12-30-2022 | Robert A Cook
    One more symptom of the problems caused by Washington policies.
  • U.S. stocks end higher Thursday, reversing sharp declines sparked by Russia's attack on Ukraine

    02/24/2022 1:03:35 PM PST · by abb · 25 replies
    Marketwatch ^ | February 24, 2022 | Joy Wiltermuth
    Major U.S. stock indexes recovered considerable ground on Thursday to end higher, despite stumbling early in the session after Russia launched a military assault on Ukraine. The Dow Jones Industrial Average DJIA, 0.28% flipped positive in the final 15 minutes of trade, adding about 90 points, or 0.3%, to end near 33,222. The S&P 500 SPX, 1.49% gained 1.5% and the Nasdaq Composite Index COMP, 3.34% booked a 3.3% gain. The rally came as oil prices CL00, 1.38% climbed and bond yields tumbled, putting the 10-year Treasury rate below 2%. Investors attributed the turnaround for stocks partly to President Joe...
  • Dow futures sink nearly 500 points as Putin orders deployment of troops to eastern Ukraine

    02/21/2022 8:43:04 PM PST · by aimhigh · 35 replies
    Market Watch ^ | 02/21/2022 | Mark DeCambre
    U.S. stock-index futures were headed sharply lower Monday evening as Russian President Vladimir Putin ordered the deployment of troops to separatist areas within Ukraine, after recognizing their independence, a move that some fear puts Ukraine and Russia one step closer to military conflict. Markets in the U.S. were closed in observance of Presidents Day and trade on Tuesday will provide the first opportunity for investors to react to developments in Eastern Europe.
  • Dow Falls 400 Points Suddenly After Report Biden Eying Steep Increase To Capital Gains Tax

    04/22/2021 12:25:26 PM PDT · by SeekAndFind · 71 replies
    Forbes ^ | 04/22/2021 | Jonathan Ponciano
    Stocks fell sharply Thursday afternoon after a Bloomberg report that President Joe Biden is hoping to hike the capital gains rate to as much as 43.4%, sounding an alarm for investors concerned over the potential toll on trading profits. As of 2:10 p.m. Eastern, the Dow Jones Industrial Average was off 368 points, or 1.1%, to 33,770, erasing a 0.9% rally Wednesday and pushing the index deeper into negative territory for the week. Meanwhile, the S&P 500 and tech-heavy Nasdaq also fell about 1.1% apiece, putting each of the major indexes on track for a third day of losses this...
  • Dow Jones Industrial Average Hits Record 30,000! –Reaching A Historic Milestone As 11 Million Americans Remain Unemployed Amid Pandemic

    11/24/2020 8:57:02 AM PST · by SeekAndFind · 47 replies
    Forbes ^ | 11/24/2020 | Jonathan Ponciano
    Despite tanking 35% within weeks at the height of pandemic uncertainty in February and March, the Dow Jones Industrial Average–a key U.S. stock market index measuring the performance of 30 large-cap companies–has hit a historic milestone, reaching 30,000 points on Tuesday for the first time ever. The Dow reached the threshold just minutes before 11:30 a.m. EST on Tuesday amid market bullishness fueled by blowout earnings, coronavirus vaccine optimism and fading uncertainty in Washington as President-elect Joe Biden formally begins his transition to the White House. Leading the Dow's gains this year are many firms representative of the pandemic market–including...
  • Dow Jones soars to a record high after Moderna releases upbeat vaccine efficacy data - approaches 30,000

    11/16/2020 8:30:23 AM PST · by SeekAndFind · 17 replies
    Yahoo Finance ^ | 11/16/2020 | Emily McCormick
    The Dow soared to a record high Monday after Moderna (MRNA) became the latest major drug-maker to announce upbeat data for its COVID-19 vaccine candidate, building on hopes that an effective inoculation will soon be available. The Dow rose more than 450 points, or 1.5%, topping its previous record intraday high of 29,933.83 from Nov. 9. The S&P 500 also increased, while the Nasdaq hugged the flat line. Shares of airlines, cruise lines, hotels, and restaurant companies surged anew as the latest vaccine data suggested consumers might return more enthusiastically to these businesses. Moderna’s stock jumped more than 9% to...
  • Nextrush Unplugged: Weekend Version Trump, Biden, Fauci "Markets" Real Domestic Terrorism Real News Updates

    10/17/2020 7:26:03 PM PDT · by Nextrush · 5 replies
    Nextrush Free ^ | 10/17/2020 | Nextrush/Self
    Welcome to the weekend calculating Day 216 of the Dictatorship of COVID-19 where crisis leads to authoritarian government unquestioned and unchecked even by elections... New Zealand's dictator on two counts-COVID-19 and firearms-winning big in terms of her country's politics with almost half of the popular vote. Jacinda Ardern's Labor Party looking at a majority in its own right in the 120 seat parliament..... Donald J. Trump Dow Jones 30,000, Joe Biden Dow Jones 15,000, Anthony Fauci Dow Jones 7,500 Ever look at the political situation that way. I looked by my quarterly statement retirement investments last week and my dad...
  • Big 3 Censor Dow Rise Above 27K, Gave Feb. 28 Dow Drop 313 Seconds of Coverage

    07/23/2020 9:30:02 AM PDT · by JV3MRC · 15 replies
    NewsBusters ^ | 7/23/2020 | Joseph Vazquez
    Another astounding market rally, another big chunk of good market news ABC’s, CBS’s and NBC’s evening news shows censor because it isn’t anti-Trump.
  • Dow surges 500 points as positive housing data outweighs Rising Coronavirus spread

    06/29/2020 12:12:28 PM PDT · by SeekAndFind · 15 replies
    Business Insider via MSN ^ | 06/29/2020 | Ben Winck
    US equities traded higher on Monday as investors blocked out rising coronavirus case counts and focused on positive housing-market data. Pending home sales shot 44.3% higher in May, the National Association of Realtors announced Monday. The reading trounced the median economist estimate of 19.3%, according to Bloomberg. The association's metric now sits at 99.6, slightly lower than its pre-virus high of 111.4 but hinting at a steady recovery for the critical sector. The leap "goes to show the resiliency of American consumers and their evergreen desire for homeownership," Lawrence Yun, NAR's chief economist, said. "This bounce back also speaks to...
  • Stocks stage biggest turnaround in 3 months to end higher

    06/15/2020 1:32:21 PM PDT · by abb · 31 replies ^ | June 15, 2020 | Andrea Riquier
    U.S. stock benchmarks shook off sharp opening losses Monday to stage the sharpest reversal since late March, with stocks closing higher after the Federal Reserve said it would expand an existing stimulus program to allow it to buy individual corporate bonds. The Dow Jones Industrial Average DJIA, +0.61% added 158 points, 0.6%, to close near 25,763, after being down by as many as 762 points, or nearly 3%; while the S&P 500 SPX, +0.83% rose 25 points or 0.8%, to close near 3,067. The Nasdaq Composite COMP, +1.43% jumped 137 points, 1.4%, ending trading near 9,726. The turnaround for the...
  • Dow surges nearly 1,000 points after jobs report shows surprise jump in payrolls, fall in unemployment rate

    06/05/2020 10:11:54 AM PDT · by SeekAndFind · 19 replies
    Market Watch ^ | 06/05/2020 | By William Watts and Mark DeCambre
    Stocks rose sharply Friday after the U.S. May jobs report showed a surprise 2.5 million jump in payrolls and a drop in the unemployment rate to 13.3% as businesses began to reopen from the COVID-19 pandemic lockdowns. How are benchmarks performing? The Dow Jones Industrial Average US:DJIA jumped 950 points, or 3.6%, to 27,226, while the S&P 500 US:SPX rose 88 points, or 2.9%, to 3,201. The Nasdaq Composite US:COMP advanced 191 points, or 2%, to 9,807 and was briefly trading above its record closing level of 9,817.18 set on Feb. 19. The Nadaq-100 US:NDX , meanwhile, rose 171 points,...
  • U.S. Stock Futures Extend Rally

    05/27/2020 2:54:44 AM PDT · by abb · 21 replies
    The Wall Street Journal ^ | May 27, 2002 | Frances Yoon & Anna Isaac
    U.S. stock futures and European shares rose Wednesday on optimism that economic activity is gathering steam and authorities may offer more stimulus to bolster the recovery. Futures tied to the S&P 500 rose 1.2%, suggesting that the gauge’s 1.2% rally on Tuesday may be extended after the New York opening bell. European stocks also ticked higher, with the pan-continental Stoxx Europe 600 advancing almost 1%. Investors are cheering signs that the White House and Congress are considering more measures to blunt the impact of historic levels of unemployment on the economy. The Trump administration is examining proposals to provide cash...
  • Dow Escapes Bear Market With a 6% Rally - The blue-chip index is now up 20% from its low, qualifying as a new bull market

    03/26/2020 2:18:45 PM PDT · by abb · 80 replies
    The Wall Street Journal ^ | March 26, 2020 | Caitlin McCabe, Anna Hirtenstein and Chong Koh Ping
    U.S. stocks soared higher Thursday as the government came closer to approving a $2 trillion stimulus package to combat the coronavirus pandemic, capping a three-day rally that has pushed the Dow Jones Industrial Average into a bull market. The Dow industrials finished the day up 1351.62 points, or 6.4%, to close at 22,552.17, launching the blue-chip index back into bull market territory. The jump ends an 11-day bear market for the index—the shortest in history for the index—which reached its bear-market low just three days ago. The rapid plunge out of, and then back into, a bull market underscores just...
  • Keep the Markets Open

    03/17/2020 5:03:45 AM PDT · by Kaslin · 27 replies ^ | March 17, 2020 | Erich Reimer
    While our nation fights the novel coronavirus for our health and physical well-being many Americans are also waging a daily battle in the financial markets as we see historic and unprecedented volatility. Many investors can only be left in a constantly shifting cycle of awe, confusion, and grief as one day the Dow Jones Industrial Average drops 1,000-2,000 points, jumps up similarly or the same, and so on and so forth. Monday saw perhaps the worst of that as the 10% rally from the Friday prior faded as the day closed the day down almost 3,000 points.  In some ways...
  • Dow soars nearly 2,000 points in post-meltdown rally

    03/13/2020 1:35:12 PM PDT · by Kid Shelleen · 99 replies
    CNBC ^ | 03/13/2020 | Fred Imbert, Yun Li and Eustance Huang
    Stocks ended sharply higher after a volatile session Friday as Wall Street rebounded from the deep losses suffered in the previous session, the worst since the Black Monday market crash in 1987. The Dow Jones Industrial Average closed up 1,985 points, or 9.3%. The S&P 500 and Nasdaq also surged 9.3%. The averages posted their biggest one-day gains since October 2008.
  • Dow surpasses 29,000 for first time

    01/10/2020 9:31:47 AM PST · by yesthatjallen · 14 replies
    The Hill ^ | 09 10 2020 | Niv Elis
    The Dow Jones Industrial Average briefly surpassed 29,000 on Friday for the first time, setting a new record. The index hit the record earlier in the session following a moderate December jobs report, which found 145,000 new jobs created in 2019 and the unemployment rate staying unchanged at 3.5 percent, the lowest level in nearly 50 years. The Dow then retreated and was down slightly as of late morning. President Trump has frequently touted strong stocks as a sign of a booming economy, which he has made a central theme in his case for reelection. He has also cited the...
  • The stock market’s huge rally to start 2020 means it will take the average worker a record 114 hours to buy one unit of the S&P 500 now at all-time high

    01/02/2020 1:20:44 PM PST · by SeekAndFind · 66 replies
    Marketwatch ^ | 01/02/2020 | Mark Decambre
    Stocks are lurching toward fresh records to commence the first trading day in 2020, but that advance has raised some questions about the run-up in values for broad-market U.S. equity benchmarks. Indeed, the S&P 500’s recent gains have taken it to its priciest level relative to its hourly cost for the average worker on record. By that measure, Tuesday’s climb by the S&P 500 SPX, +0.84% to a peak at 3,250.04 would mean that the average employee, at an hourly wage of $28.29, would need to work 114.88 hours to buy a single unit of the index, representing one of...
  • Dow, S&P 500 and Nasdaq on track for fresh closing records as investors shrug off Trump impeachment: What's Driving the Market?

    12/19/2019 1:35:59 PM PST · by SeekAndFind · 19 replies
    Market Watch ^ | 12/19/2019 | Chris Matthews and Joy Wiltermuth
    Stocks were on track Thursday to set fresh closing records, unfazed by President Donald Trump’s impeachment and finding support in the interim U.S.-China trade deal and improvements in the global economic outlook. What are stock indexes doing? The Dow Jones Industrial Average DJIA, rose 125 points, or 0.4%, to 28,364, while the S&P 500 index SPX gained 13 points, or 0.4%, at 3,204. The Nasdaq Composite index COMP added 51 points, a gain of 0.6%, at 8,879. All three major benchmark stock indexes set new intraday highs Thursday morning. On Wednesday, the Dow and S&P 500 snapped a five-day winning...
  • FORTUNE: The S&P 500 Is at an All Time High—But Markets Still Performed Far Better Under Obama

    11/04/2019 8:32:14 AM PST · by SeekAndFind · 121 replies
    Fortune ^ | 11/04/2019 | Erik Sherman
    Before the Fed lowered its target interest rate range on Wednesday, Donald Trump was already on Twitter, touching on two of his favorite topics: how the Fed doesn't lower interest rates enough and that the stock market's performance is thanks to him and his Republican pals. The connection between a president and equity markets isn't straightforward. Many factors—the general health of the economy, investors sentiment, interest rates, financial stimulus, and global business conditions, for example—affect how stocks perform. But presidents also aren't unimportant. "Policies may or may not be helpful for economic growth," says Kenneth Orr, CEO of investment research...
  • 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...