The Dow Jones surged on Friday, erasing losses the index incurred earlier in the week. U.S. housing and business data impressed – and Apple stock continued to soar. Analysts say a Joe Biden victory in November might not matter that much to the stock market. The Dow Jones rocketed higher on Friday afternoon, surging nearly…
The Dow Jones tumbled more than 200 points on Thursday. Another massive wave of unemployment claims pressured an overbought stock market. Donald Trump’s polling suggests his biggest remaining strength may be fading. The Dow Jones succumbed to a loss on Thursday, and tech stocks continued to be an unexpected source of weakness. Dragged down by…
The Dow Jones rallied to start the week. The White House stock market cheerleaders were out in force. Trump teased hopes of more stimulus, while Larry Kudlow brushed off virus fears. The Dow Jones rallied around 100 points as the stock market overcame initial struggles to start the week on a high note. Larry Kudlow…
The Dow Jones rallied more than 300 points on Wednesday, erasing most of the previous day’s losses. Stock market bulls ignored several big warnings from the Federal Reserve and World Health Organization. The Dow is proving remarkably resilient as Donald Trump gets tough on China. The Dow Jones leaped higher on Wednesday, erasing most of…
The Dow Jones plunged on Wednesday to record its second straight big loss. Federal Reserve Chair Jerome Powell sparked the sell-off with gloomy remarks on the economic outlook. The Fed continues to defy President Trump’s plea for negative interest rates. The Dow Jones suffered another dramatic drop on Wednesday, sliding around 600 points as Wall…
The Dow Jones suffered a renewed bout of paralysis on Wednesday. With no sign of a return to normal, investors are running out of good news to power the stock market. U.S.-China tensions are mounting, even as the coronavirus continues to fester uncomfortably throughout the country. A seemingly-lifeless Dow Jones Industrial Average (DJIA) sputtered toward…
The Dow Jones struggled for a second straight day on Tuesday. Crashing oil prices continue to be a major headwind for the U.S. stock market. Oil stocks Chevron and Exxon Mobil continue to resist gravity, despite the plunge in WTI futures. The Dow Jones suffered another precipitous downturn on Tuesday, as the wild moves in…
The U.S. stock market fell again on Friday after the WHO raised its threat level on the coronavirus (COVID-19) to “very high” and flirted with “pandemic” terminology. Briefly boosting a shaky Dow Jones, Fed Chair Jerome Powell spoke this afternoon. A cataclysmic drop in Boeing shares did much of the damage to the Dow 30.…
The Dow, S&P 500, and Nasdaq suffered moderate declines on Wednesday. Reports suggest that the US and China are nowhere near reaching a consensus on a phase one trade deal. China rebuked the US government for supporting the Hong Kong protestors, but those threats may be empty. US-China tensions rocked the Dow Jones on Wednesday,…
Elon Musk’s space race with Jeff Bezos is heating up after the Amazon CEO sold $2.8 billion of stock to help fund SpaceX rival Blue Origin. | Source: (i) Jim WATSON / AFP (ii) REUTERS / Joshua Roberts; Edited by CCN It looks like Elon Musk is having a great week. SpaceX’s starship projects appear…
