The Dow Jones Industrial Average plunged by as much as 843 points Wednesday. The losses follow a highly volatile pre-market session as investors reacted to President Trump’s shockingly low re-election odds as per the New York Times. All 30 of the Dow’s blue-chip companies record losses, with Boeing leading the declines. The Dow and broader…
Category: Dow’s
The Dow Jones brushed off early-session losses to mount a moderate recovery on Monday. Despite widespread civil unrest, it was business as usual on Wall Street. The Atlanta Fed’s devastating GDP estimate should give stock market bulls pause. The Dow Jones shrugged off widespread unrest in the United States on Monday, clambering around 100 points…
The Dow has vastly underperformed the NASDAQ and S&P 500. For investors who believe a “new normal” is coming, the Dow is antiquated. If you think the economy will return to normal, the Dow’s underperformance suggests it’s time to pick value stocks. Over the past few weeks, the stock market has pulled off an impressive…
The Dow Jones recovery slammed into a wall on Thursday. U.S. unemployment continues to mount, with more than 30 million jobless claims since the coronavirus outbreak hit the American economy. Further weighing on the Dow, Donald Trump ratcheted up his anti-China rhetoric. The Dow Jones lost ground on Thursday after initial jobless claims came in…
The Dow Jones languished well off its highs after some rough consumer confidence data. Despite Wall Street’s optimism about reopening the U.S. economy, the research suggests households are far less certain. As the most important economic engine in the global economy, weak consumer spending is a titanic risk factor for the Dow. The Dow Jones…
The U.S. stock market has been rallying thanks to massive amounts of liquidity injection from the Federal Reserve. The calm rise in indices has made investors complacent and misprice risk. The Dow Jones witnessed a 1,000 point drop on Monday, and technical data points suggest that it’s just the beginning. Dow Jones’ drop on Monday…
U.S. stocks plunge through the morning session, with the Dow falling over 200 points. The CBOE Volatility Index jumps more than 12%. Calls for a steep market correction are growing louder. The Dow and broader U.S. stock market plunged on Monday, erasing earlier gains as concerns about overvalued asset values reverberated across Wall Street. Dow…
The Dow, S&P 500, and Nasdaq all rose on Tuesday, putting them on track to close at fresh all-time highs. The US Stock market is basking in risk-on sentiment derived from reports that Trump will begin unraveling tariffs on Chinese imports. Recession hawks are circling ahead of one pivotal data release that measures the health…
Apple is comfortably the best performing stock in the Dow Jones this year with a more than 40% rally year to date. Recent gains have been driven by impressive demand for the iPhone 11, but a serious flaw with the screen could pose a risk to this positive dialogue as well as a souring relationship…
The Dow’s feverish rally continued on Friday, but historian Niall Ferguson warned that the US an China are already locked in an unstoppable “Cold War.” | Source: Drew Angerer / Getty Images / AFP The stock market’s temperature cooled a few degrees on Friday, but that didn’t prevent the Dow from adding to its feverish…