Category: rallies

Dow Rallies as Investors Look Ahead to First Trump-Biden Debate
, ,

Dow Rallies as Investors Look Ahead to First Trump-Biden Debate

The Dow Jones rallied 200 points on Friday.Boeing led the way in the Dow 30, as the tech sector also continues to rally.Investors are now looking ahead to the first presidential debate next week.The Dow Jones rose on Friday, as investors turned their attention to the first presidential debate between Donald Trump and Joe Biden.Dow…

Read More
Dow Rallies Defiantly as Fed Warns of ‘Sudden’ Stock Market Plunge
, ,

Dow Rallies Defiantly as Fed Warns of ‘Sudden’ Stock Market Plunge

The Dow Jones Industrial Average rallied on Wednesday, despite falling from session highs. Vaccine optimism and solid economic data helped boost U.S. stocks. Federal Reserve official Randal Quarles warns “sudden and sharp repricing” could pummel financial markets. The Dow Jones gapped sharply higher on Wednesday, though the optimism about Moderna’s vaccine progress failed to sustain…

Read More
Dow Rallies as Greedy Investors Ignore ‘Structural Break’ in Stock Market
, ,

Dow Rallies as Greedy Investors Ignore ‘Structural Break’ in Stock Market

The Dow rallied by triple-digits on Monday as the U.S. stock market recovered slightly from last Friday’s plunge. Wall Street is buying the dip from the aggressive sell-off that the coronavirus outbreak triggered. Mohamed El-Erian warns investors are ignoring a potential “structural break” in stock markets worldwide. After falling more than 600 points to close…

Read More
Zindi rallies Africa’s data scientists to crowd-solve local problems
, ,

Zindi rallies Africa’s data scientists to crowd-solve local problems

Zindi is convening Africa’s data scientists to create AI solutions for complex problems. Founded in 2018, the Cape Town-based startup allows companies, NGOs or government institutions to host online competitions around data-oriented challenges. Zindi’s platform also coordinates a group of more than 4,000 data scientists based in Africa who can enroll to join a competition,…

Read More