The Dow Jones recovery slammed into a wall on Thursday. U.S. unemployment continues to mount, with more than 30 million jobless claims since the coronavirus outbreak hit the American economy. Further weighing on the Dow, Donald Trump ratcheted up his anti-China rhetoric. The Dow Jones lost ground on Thursday after initial jobless claims came in…
The Dow Jones languished well off its highs after some rough consumer confidence data. Despite Wall Street’s optimism about reopening the U.S. economy, the research suggests households are far less certain. As the most important economic engine in the global economy, weak consumer spending is a titanic risk factor for the Dow. The Dow Jones…
U.S. stocks plunge through the morning session, with the Dow falling over 200 points. The CBOE Volatility Index jumps more than 12%. Calls for a steep market correction are growing louder. The Dow and broader U.S. stock market plunged on Monday, erasing earlier gains as concerns about overvalued asset values reverberated across Wall Street. Dow…
U.S. equities rally to new all-time highs on Monday, with the Dow adding as much as 126 points. Boeing, the Dow’s largest component, rallied as much as 3.8%. Lackluster reports from the Commerce Department cast a shadow over the U.S. economy. The Dow and broader U.S. stock market rallied to new all-time highs Monday, as…
The Dow, S&P 500, and Nasdaq all rose on Tuesday, putting them on track to close at fresh all-time highs. The US Stock market is basking in risk-on sentiment derived from reports that Trump will begin unraveling tariffs on Chinese imports. Recession hawks are circling ahead of one pivotal data release that measures the health…
Apple is comfortably the best performing stock in the Dow Jones this year with a more than 40% rally year to date. Recent gains have been driven by impressive demand for the iPhone 11, but a serious flaw with the screen could pose a risk to this positive dialogue as well as a souring relationship…
