The Dow Jones Industrial Average opened lower on Friday; the S&P 500 fluctuated after a positive start to the day.President Trump will announce Friday whether his administration would approve Oracle’s bid for TikTok’s U.S. operations.Despite Thursday’s sharp decline, U.S. equities are on track to snap a two-week losing streak.The Dow and broader U.S. stock market fluctuated…
The Dow Jones fell 0.2% on Monday. New York’s Empire State manufacturing index plummeted to 3.7. Nordea economists believe investors may be underestimating a potential V-shaped recovery in interest rates. The Dow Jones struggled to start the week as losses mounted in heavyweight stocks, and the Empire State manufacturing index plummeted. Despite no additional stimulus…
The Dow Jones fell slightly points on Thursday. Initial jobless claims missed Wall Street estimates once again. Mike Pompeo is still trying to keep the “Phase One Deal” with China alive. The Dow Jones slipped again on Thursday. A quiet day of trade showed bulls struggling to lift the index higher. Another weak initial jobless…
The Dow Jones struggled on Tuesday following a breakneck rally to start the week. Bullish momentum on Wall Street appears to have stalled. ABN AMRO believes the risk of a coronavirus outbreak setback remains high as many states reopen for business. The Dow Jones struggled on Tuesday, and even high-profile testimony from Treasury Secretary Steven…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday, TechCrunch reported that Eaze, a well-known cannabis-focused startup, is struggling to stay in business amidst a cash crunch, leadership turmoil, banking issues and a business model pivot. It’s a compelling, critical read. The news, however,…
The Dow turned lower on Wednesday after the tariff rollback hype began to fizzle out. Inflation came in close to expectations, making it unlikely that the Fed will stray from its neutral stance. One analyst warns that the stock market rally is being fueled by a dangerous catalyst: FOMO. The Dow Jones broke out its…
Since setting an all-time high just below 27,400 in July, the Dow Jones Industrial Average has struggled to hold above 27,000, much less press on toward loftier heights. That struggle continued on Friday. Dow Flirts with Second Straight Weekly Loss Weighed down by falling earnings guidance, the Dow declined 22.48 points or 0.08% to 26,783.05.…
Former Vice President Joe Biden struggled to explain his plan to persuade China to lower its carbon footprint on Wednesday. Biden, who has fluctuated between downplaying China as an economic threat to warning they may soon outpace the U.S. in energy and infrastructure, was asked during CNN’s climate change town hall how he would pressure the communist…
