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The major averages are set to rebound following a down week. The Dow Jones Industrial Average is set to jump 226 points. The S&P 500 is set to rally 16 points or 0.37% while the Nasdaq is down 17 points as investors rotate out of high-priced technology shares and into... Read More
The major averages dropped on Friday, after a disappointing November jobs report, as the market wrapped up a roller-coaster week driven by Covid omicron variant concerns. The Dow Jones Industrial Average fell 59 points to 34,580, dragged down by a 1.9% loss in Boeing. The Dow was down as much... Read More
The major averages rebounded sharply on Thursday, following a omicron-driven sell-off in the previous session, as cyclical names made back some of their recent losses. The Dow Jones Industrial Average gained 619 points, helped by a 7% uptick in Boeing's stock. The S&P 500 rose 64 points or 1.3%. The... Read More
The major averages fell sharply, reversing strong gains to start the day after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S. The Dow Jones Industrial Average fell 461 points to 34,022. after being up more than 520 points at the high of... Read More
The major averages tumbled once again reversing Monday's rebound on Wall Street, as investors reassessed risks associated with the new Covid variant, omicron. Major averages dropped to their session lows after Federal Reserve Chairman Jerome Powell said the central bank will discuss speeding up the bond-buying taper at its December... Read More
The major averages bounced sharply on Monday, following Friday's big sell-off, after President Joe Biden said economic lockdowns in response to the omicron Covid variant are currently off the table. The Dow Jones Industrial Average gained 236 points or 0.68%. The S&P 500 added 60 points or 1.32%, while the... Read More
The major averages dropped sharply on Friday, the worst day of the year, as a new Covid variant found in South Africa triggered a global shift away from risk assets. The Dow Jones Industrial Average dropped 905 points, or 2.5%, for its worst day of the year, while the S&P... Read More
The major averages closed mixed as the recent jump in bond yields took a breather, allowing tech stocks to recover. The S&P 500 rose 10 points while the tech-heavy Nasdaq Composite jumped 70 points or 0.42%. The Dow Jones Industrial Average was the lone average lower down 8 points. The recent... Read More
The major averages closed mixed as the Dow Jones rose nearly 200 points while the Nasdaq Composite fell sharply for the second-straight day as higher interest rates appeared to put pressure on high-flying tech stocks, but banks and industrial names moved higher in a split market on Tuesday. The tech-heavy index... Read More
Stocks slumped in afternoon trading on Monday, reversing an earlier rally that came after President Joe Biden announced he would renominate Jerome Powell to continue to lead the Federal Reserve over Fed Governor Lael Brainard. The Dow Jones Industrial Average finished up just 17 points. The S&P 500 dipped 15 points... Read More
The major averages closed mixed with the Dow Jones taking a hit on concerns over a resurgence of Covid-19 weighed on global markets, though tech shares pushed higher. The Dow Jones Industrial Average fell 269 points, or 0.7%, while the S&P hugged the flat line, closing down 6 points while... Read More
The major averages closed mixed on Thursday as investors grappled with seasonal Covid worries and ongoing inflation concerns even as companies continued reporting blowout earnings. The Dow fell 47 points or 0.14%. The S&P 500 rose 17 points or 0.4% while the Nasdaq Composite rose 72 points or 0.45%. The... Read More
The major averages pulled back once again even though we received strong earnings reports from big-box retailers against lingering inflation concerns. The Dow Jones Industrial Average fell 211 points, or 0.5%, now 1.6% from its record. The S&P 500 dipped 12 points while the Nasdaq Composite fell 52 points or 0.33%.... Read More
The major averages finished in the green, but off the highs following strong October retail sales report and better-than-expected third-quarter results from Home Depot and Walmart signaled the U.S. consumer is still ramping up spending even in the face of rising prices. The Dow Jones Industrial average added 57 points,... Read More
The major averages finished flat on Monday, as U.S. Treasury yields reversed and climbed higher, and investors awaited quarterly reports from big retailers later in the week. The Dow Jones Industrial Average fell 12 points. The S&P 500 closed down 4 cents. The tech-heavy Nasdaq lost 7 points as Treasury... Read More
The major averages rallied Friday, but still posted their first losing week in six amid heightened inflation fears. The Dow Jones Industrial Average rose 179 points, or 0.5%, to close at 36,100. The S&P 500 gained 33 points or 0.7% to 4,682. The Nasdaq Composite rallied 156 points or 1%... Read More
The major averages closed mixed after hot inflation data and surging bond yields sparked a sell-off in technology stocks Wednesday. The S&P 500 ticked up just 2 points. The tech-heavy Nasdaq Composite gained 81 points or 0.52%. The Dow Jones Industrial Average shed 158 points, led to the downside by... Read More
The major averages retreated on Wednesday after October's consumer price reading showing the biggest annual jump in more than 30 years, sending investors into hedges against inflation and triggering a spike in bond yields. As Treasury yields surged, investors dumped high-flying technology stocks and bid up bank stocks. They also... Read More
The major averages pulled back as the S&P 500 snapped an eight-day winning streak Tuesday as investors took some profits after an October rally and awaited key inflation data ahead. The broad Index fell 16 points or 0.34%. The Dow Jones Industrial Average shed 112 points, or 0.5%. The Nasdaq... Read More
The major averages closed higher once again with the S&P 500 closed at a record high Monday after Congress approved an infrastructure spending package. The broad index gained 0.09% to close above 4,700 for the first time at 4,701.70. The Dow Jones Industrial Average added 104.27 points, or 0.3%, to close... Read More
The major averages are rising this morning following the October jobs report came in better than expected, boosting optimism about the economic recovery. The Dow Jones Industrial Average is set to rise 150 points. The S&P 500 is up 22 points while the Nasdaq is up 65 points. The move for... Read More
The major averages closed mixed with the S&P 500 rising for a sixth day in a row on Thursday as investors took solace in the Federal Reserve's patient stance on raising interest rates, while stronger-than-expected economic data also boosted sentiment. The S&P 500 gained 19 points or 0.42% to a... Read More
The major averages rebounded in the afternoon to new records on Wednesday after the Federal Reserve made its long-anticipated announcement to slow the monthly bond purchases implemented during the pandemic. The Dow Jones Industrial Average rose 104 points, after being down more than 160 points earlier in the session and... Read More
The major averages rose again with the S&P 500 rising to a new record high ahead of a key Federal Reserve decision and strong corporate earnings. The Dow Jones Industrial Average rose 138 points to 36,052. The S&P 500 added 16 points or 0.4% to 4,630, closing at an all-time... Read More
The major averages closed out the first trading day of November at new records, closing out from the historically tough seasonal period. The Dow Jones Industrial Average rose 94 points or 0.26%, helped by gains in Boeing and Dow Inc, closing at a fresh record. The S&P 500 rose 8... Read More
The major averages finished the week with yet another round of record highs as Wall Street looked past disappointing results from major companies to wrap up its best month of the year. The Dow Jones Industrial Average rose 89 points or 0.25%. The S&P 500 rose 8 points or 0.2%... Read More
The major averages are higher premarket Thursday, a day after the S&P 500 and the Dow Jones Industrial Average slipped from their record highs as more earnings keep rolling in. The Dow Jones is set to rise 72 points. The S&P 500 is up 14 points while the Nasdaq is... Read More
The Dow and S&P 500 pulled back from near record highs on Wednesday as the momentum from a strong earnings season faded today. The Dow Jones Industrial Average dropped 266 points, falling for the first time in four days, dragged down by Visa and Boeing. The S&P 500 traded down... Read More
The major averages eked out a gain as the S&P 500 climbed to record levels on Tuesday as major corporations continued to turn in solid quarterly results. The Dow Jones Industrial Average gained 14 points to touch another all-time high. The S&P 500 rose 8 points or 0.4%, hitting an... Read More
The major averages moved higher to start the week as investors prepare for a major week of earnings from heavyweight tech companies. The Dow Jones Industrial Average closed up 66 points, or about 0.19%, while the S&P 500 rose 22 points or 0.48% to set a new intraday record high.... Read More
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