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The major averages rose on Friday as traders wrapped up a strong week amid decreasing political uncertainty and positive vaccine news. The Dow Jones Industrial Average closed higher by 37 points, or 0.1%, at 29,910. The S&P 500 gained 0.3% to end the day at 3,638, notching a record closing... Read More
The major averages took a breather today after reaching a significant milestone, Dow 30,000 yesterday. The Dow Jones Industrial Average slid 173 points, or 0.58%. The S&P 500 declined 5 points or 0.16% while the Nasdaq Composite rose 57 points or 0.48%. Trading volumes were lighter than usual ahead of... Read More
The Dow Jones Industrial Average rallied on Tuesday, breaking above 30,000 for the first time amid positive vaccine news, hope for a strong economic recovery in 2021 and easing of political uncertainty as the Trump administration approved the start of the presidential transition. The 30-stock Dow advanced 454 points, or 1.5%.... Read More
The major averages rise once again after AstraZeneca and the University of Oxford said their coronavirus vaccine was up to 90% effective, becoming the third inoculation this month that was revealed to be effective in trial data. The Dow Jones Industrial Average closed up 327 points higher, or 1.1%, at... Read More
The major averages pulled back to end the week as rising new coronavirus cases, coupled with questions around central-bank funding for key emergency programs, cast doubt on a swift economic recovery. The Dow Jones Industrial Average dropped 219 points, or 0.8%, to close at 29,263. The S&P 500 dipped 0.7%... Read More
The major averages are quiet to start the day as the monthly rally is losing steam amid disappointing U.S. unemployment data and rising coronavirus cases. The Dow Jones Industrial Average is trading down 70 points or 0.24%. The S&P 500 is down 6 points or 0.25% while the Nasdaq Composite... Read More
The major averages pulled back on Wednesday as the market's recent rally to new records took a breather on cautious comments from Governor Cuomo and Mayor de Blasio. The Dow Jones Industrial Average closed down 344 points or 1.16% after rising as much as 147 points at its session high.... Read More
The major averages took a breather from their record run as the rally cooled off amid a sharp decline in drug store shares and disappointing economic data. The Dow Jones Industrial Average dropped 167 points, or 0.6%, to close at 29,783. The S&P 500 dipped 0.5% to 3,609 while the... Read More
The major averages climb once again after preliminary coronavirus vaccine data from Moderna further lifted expectations of a strong economic recovery. The Dow Jones Industrial Average gained 470 points, or 1.6%, to close at 29,950. The 30-stock Dow logged intraday and closing record highs. The S&P 500 climbed 1.2% to... Read More
The major averages rose on Friday as investors bet again on stocks that would benefit from a potentially effective vaccine and economic recovery next year. The Dow Jones Industrial Average traded up 452 points, or 1.6%. The S&P 500 gained 1.5%, while the techy-heavy Nasdaq Composite rose 0.8%. The Russell... Read More
The major averages pulled back as an increasing number of U.S. coronavirus cases are raising concerns over the health of the economy and further shutdowns. The Dow Jones Industrial Average closed down 318 points or 1.3%. The S&P 500 slid 1% while the Nasdaq Composite dropped 0.65%. Thursday's decline left the S&P 500 just 0.5% above its Friday closing level of 3,509.44, close to wiping out the index's vaccine rally. Read More
The major averages closed mixed once again as money rotated back into techs and Covid-19 related stocks. The Dow Jones Industrial Average closed down 23 points or 0.08%. The S&P 500 closed up 27 points or 0.77% while... Read More
The major averages closed mixed as the Dow Jones Industrial Average built on its sharp gains from the previous session as a market rotation out of names that thrived during the pandemic and into stocks linked to an economic recovery continues. The 30-stock average jumped 263 points, or 0.9%. The... Read More
The major averages soared to start the week on news drug maker Pfizer and BioNTech indicating their Covid-19 vaccine is more than 90% effective. The Dow Jones Industrial Average finished up 834 points or 2.95% after trading up 1,600 points or 5.7%, hitting all-time highs shortly after the open. The... Read More
The major averages closed relatively flat on Friday as traders looked for clarity around the presidential and congressional election results. Sentiment was kept in check by better-than-expected U.S. unemployment data. The Dow Jones Industrial dipped 66 points, or 0.2%, to end the day at 28,323. The S&P 500 ended the... Read More
.The major averages surged once again as the markets are on track for their best week since April. The Dow Jones Industrial Average closed up 542 points or 1.7%. Earlier in the day, the 30-stock average was higher by more than 600 points. The S&P 500 climbed 67 points or 1.95% while the Nasdaq Composite advanced 300 points or 2.5%.
Facebook, Amazon, Netflix, Microsoft and Apple were all up at least 2%. Shares of Facebook were also up more than 11% this week. Amazon, Microsoft and Apple have gained more than 9% over that time period. Netflix is up 8.2% week to date. Investors in this high growth sector cheered a potential divided government as it likely means taxes won't go up, antitrust scrutiny could stay in check and the China trade war doesn't get any worse.
Read MoreThe major averages surge once again even as the results of the presidential contest so far failed to yield a clear winner. The Dow Jones Industrial Average jumped 367 points or 1.34%. The S&P 500 finished up 74 points or 2.2% while the tech-heavy Nasdaq Composite popped 430 points or... Read More
The major averages soared as investors hope for a clear winner from the U.S. presidential election and avoid a contested election. The Dow Jones Industrial Average closed up 552 points higher, or 2.1%. The S&P 500 climbed 1.8% while the Nasdaq Composite advanced 1.9%. It was the second-best Election Day performance... Read More
The major averages snapped back to start the month of November following sharp losses from last week and braced for the U.S. presidential election. The Dow Jones Industrial Average traded 445 points higher, or 1.7%. The S&P 500 gained 1.2%. The Nasdaq Composite lagged, rising just 0.1%, as shares of... Read More
The major averages pulled back once again as Wall Street wrapped up a difficult week with coronavirus cases on the rise, U.S. fiscal stimulus talks breaking down while traders braced for next week's presidential election. The Dow Jones Industrial Average closed 157 points lower, or 0.6%, at 26,501. At one point,... Read More
The major averages rebounded, clawing back some of their losses from the previous session, as shares of major tech companies advanced ahead of their quarterly earnings reports. Sentiment also got a lift from better-than-expected economic data. The S&P 500 climbed 1.2% and the Nasdaq Composite advanced 1.6%. The Dow Jones Industrial... Read More
The major averages fell sharply on Wednesday amid concerns over the latest increase in coronavirus infections and its potential impact on the global economy. The Dow Jones Industrial Average dropped about 940 points, or 3.4%, for its worst day since June 11. The S&P 500 slid 3.5% and the Nasdaq Composite... Read More
The major averages closed mixed with the Dow Jones Industrial Average finishing near the lows down 222 points or 0.8% at 27,463. The S&P 500 fell 10 points or 0.3% while the Nasdaq rose 72 points or 0.6%. Caterpillar and Boeing were the biggest laggards in the Dow, falling 3% and... Read More
The major averages sold off sharply as coronavirus infections jumped while negotiations for a fiscal stimulus package before the election stalled once again. The Dow Jones Industrial Average closed 650 points lower, or 2.3%, at 27,685. The S&P 500 slid 1.9% to 3,400 while the Nasdaq Composite dipped 1.6% to 11,358.... Read More
The major averages closed mixed with the Dow Jones snapping a three-week winning streak. The Dow Jones Industrial Average finished down 28 points at 28,335 led by weakness in Intel. The S&P 500 gained 11 points to 3465 while the Nasdaq Composite closed up 42 points or 0.37% at 11548. The... Read More
The major averages rose today as traders weighed House Speaker Nancy Pelosi's latest remarks on the U.S. fiscal stimulus negotiations. The Dow Jones Industrial Average finished up 152 points or 0.54% after falling 170 points earlier in the day. The S&P 500 finished up 17 points or 0.52% while the... Read More
The major averages closed lower today as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continued their negotiations on a new fiscal stimulus package. The Dow Jones Industrial Average fell 97 points, or 0.4%. Earlier in the day, the 30-stock average traded more than 100 points higher. The S&P... Read More
The major averages closed higher after House Speaker Nancy Pelosi signaled Democrats and the White House were making progress in negotiations for a new fiscal stimulus deal. The Dow Jones Industrial Average closed up 113 points higher, or 0.4%. The 30-stock average was briefly up more than 300 points. The... Read More
The major averages sold off sharply ahead of a key deadline set by House Speaker Nancy Pelosi to reach a deal on new coronavirus stimulus before the election while Covid-19 cases rise. The Dow Jones Industrial Average closed down 410 points lower, or 1.4%, at 28,195. Earlier in the day,... Read More
The Dow Jones Industrial Average closed higher to end the week snapped a three-day losing streak thanks to strong retail sales data. The Dow closed up 112 points or 0.4%, at 28,606. The S&P 500 eked out a small gain, closing at 3,483 while the Nasdaq Composite ended the day... Read More
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