Category: Sputters

Dow Sputters as Devastating Data Crushes Economic Optimism
, ,

Dow Sputters as Devastating Data Crushes Economic Optimism

The Dow lurched sideways to close another volatile trading session. U.S. economic data continues to underwhelm, and retail sales missed expectations by a wide margin. Donald Trump is getting aggressive with China, and CNBC’s Jim Cramer thinks this is bad news for the stock market. An impressive oil price rally helped support the Dow Jones…

Read More
Dow Sputters as 5th-Largest Stock Unexpectedly Whiffs on Earnings
, ,

Dow Sputters as 5th-Largest Stock Unexpectedly Whiffs on Earnings

The Dow sputtered toward an underwhelming session on Tuesday after the index’s fifth-largest stock whiffed on earnings, punishing investors who sought harbor in its familiar brand name as a defensive play against the trade war and other festering risks. Dow Flatlines as S&P 500 Grinds Toward Record High Wall Street’s major indices all traded cautiously…

Read More