The Dow Jones kicked off the week with an aggressive rally. Stock market bulls cheered the flattening of the coronavirus infection rate curve in Italy. Unfortunately, U.S. cases of COVID-19 surpassed 150,000 overnight. The Dow Jones Industrial Average (DJIA) clawed out an aggressive rally on Monday after Italy turned a corner in its battle with…
The Dow Jones surged more than 2,100 points on an epic “Turnaround Tuesday.” A reversal in rock-bottom sentiment and hopes of an enormous fiscal stimulus package helped push the U.S. stock market higher. Trump’s phone call with Wall Street royalty suggests Dow bulls may be cheering his plans to reopen the economy by “Easter Sunday.”…
The Dow Jones plunged again on Friday amid heightened coronavirus fears. A Yale professor warned the U.S. is not testing nearly enough individuals compared to other countries. This massive outflow of funds from the stock market raises the probability of a sizable pullback. The Dow Jones Industrial Average (DJIA) suffered a second straight agonizing drop…
Tensions between the US and Iran eased on Wednesday, lifting the Dow Jones. Trump appeared to hint at favoring economic sanctions rather than further military conflicts. Strong ADP non-farm employment data added to stock market euphoria, even though Boeing and Walgreens posted heavy losses. The Dow Jones shook-off rough risk sentiment overnight to post an…
Dow stocks are under pressure into the New Year after a stellar 2019. It could have been even better were it not for the struggles of the Dow 30’s most crucial stock, Boeing (NYSE:BA). The rise of Bernie Sanders creates genuine election risk in 2020 for a complacent stock market. A rough day for the…
The Dow Jones rallied 170 points on Wednesday as the stock market largely ignored the impeachment chaos in Washington. Donald Trump released the transcript of his call with Ukraine, and investors didn’t see anything that altered the view that the president will survive an inquiry. Dow Rally Shows Investors Aren’t Fazed by Impeachment The Dow…
The Dow Jones rallied past 27,000 on Wednesday after China removed some tariffs on US goods & stock market bulls anticipated a stimulus bomb from the ECB. | Source: Drew Angerer / Getty Images / AFP The Dow Jones zoomed above 27,000 on Monday as global stocks rose in anticipation of an ultra-dovish European Central…
