S&P 500 rises for a third straight day to end a wild week of trading

The S&P 500 and the Dow Jones Industrial Average were near flat on Friday, wrapping up a volatile week on Wall Street. A move by China to ban cryptocurrencies weighed on the technology sector and Nike shares fell as supply chain issues stemming from the pandemic hit the sneaker giant. The Dow Jones Industrial Average… Continue reading S&P 500 rises for a third straight day to end a wild week of trading

Dow closes more than 200 points higher, S&P 500 rebounds to stave off September slide

The Dow Jones Industrial Average rebounded Wednesday after a string of negative trading sessions this September. The blue chip index rose about 236.82 points, or nearly 0.7%, to 34,814.39. The S&P 500 ticked up 0.8% to 4,480.70. The Nasdaq Composite traded up 0.8% to 15,161.53. “Despite concerns about the recent downshift in economic and business… Continue reading Dow closes more than 200 points higher, S&P 500 rebounds to stave off September slide

Dow falls for the fourth straight day, drops 150 points

The Dow Jones Industrial Average fell more than 150 points on Thursday, the 30-stock average’s fourth day of losses. The Dow Jones Industrial average lost 151.69 points to close at 34,879.38, dragged down by Amgen and Merck. The S&P 500 fell 0.46% to 4,493.28, dropping for the fourth straight day. The technology-heavy Nasdaq Composite dropped… Continue reading Dow falls for the fourth straight day, drops 150 points

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Dow and S&P 500 fall for third straight day as investors grow cautious in September

The Dow Jones Industrial Average and S&P 500 fell for a third straight day on Wednesday as investors reassess the economic growth outlook following a smooth ride in the market so far this year. The Dow fell 68.93 points to 35,031.07 and the S&P 500 dipped 0.1% to 4,514.07. The technology-heavy Nasdaq Composite fell nearly… Continue reading Dow and S&P 500 fall for third straight day as investors grow cautious in September

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Dow and S&P 500 slip from records to start the week

The Dow Jones Industrial Average fell on Monday on concerns about global growth, after the 30-stock average notched a record close Friday. The Dow fell 106.66 points to 35,101.85, or 0.3%. The S&P 500 traded down 0.1% at 4,432.35. Meanwhile, the technology-heavy Nasdaq Composite rose 0.16% to 14,860.18. Oil prices dropped on Monday, building on… Continue reading Dow and S&P 500 slip from records to start the week

Friday’s jobs report is a wild card, with economists’ estimates all over the map

The economy is expected to have added about 845,000 payrolls in July, according to Dow Jones consensus estimate, as America’s workforce gradually rebuilds from its sharp pandemic-induced job losses. But the uncertainty of Covid — spreading again at a rapid pace — has become a wild card for the labor market, just as it has… Continue reading Friday’s jobs report is a wild card, with economists’ estimates all over the map

Stocks rally for a second day, Dow jumps more than 200 points to recoup Monday’s losses

The Dow Jones Industrial Average rose 286.01 points, or 0.83%, to 34,798. It’s sitting less than 1% away from a record. The S&P 500 gained 0.82% to 4,358.65. The Nasdaq Composite climbed 0.92% to 14,631.95. The 30-stock index rallied nearly 550 points on Tuesday, after tumbling 725 points on Monday for its worst session in… Continue reading Stocks rally for a second day, Dow jumps more than 200 points to recoup Monday’s losses

One of the worst-performing Dow stocks in May could have 25% upside, Piper Sandler analyst says

The Dow Jones Industrial Average ended May nearly 2% higher, but not all its components joined in on the rally. Apple, Disney, Visa, Verizon and McDonald’s were among the bottom performers last month. Some of them could be due for an upside surprise in June. “Visa stands out to me,” said Craig Johnson, Piper Sandler… Continue reading One of the worst-performing Dow stocks in May could have 25% upside, Piper Sandler analyst says

Two Dow stocks look like buys as the DJIA celebrates 125 years, strategists say

The Dow Jones Industrial Average hit a major milestone: The blue-chip index turned 125 years old. Of course, the DJIA looks quite different now than when it was first published in The Wall Street Journal on May 26, 1896. None of the 12 original components remain, and its 30 members now include companies that were… Continue reading Two Dow stocks look like buys as the DJIA celebrates 125 years, strategists say