Risk appetite continues to soar, powering the Dow to a new record on Thursday. A Pentagon report helped lift the Dow’s heaviest stock as US officials blamed an Iranian missile for the recent Boeing 737 crash. Apple rose 2% after signs the iPhone is performing brilliantly in China. The Dow Jones hit another all-time high…
Stock markets rallied on Monday afternoon as fears of an imminent conflict between the US and Iran faded. Dow Jones bulls bought the index back to roughly even on the day after a rough open. Nordea Asset Management believes that Trump will not pursue an aggressive escalation, which is good news for stocks. The Dow…
The Dow Jones soared back toward record highs after the US and China reached a “phase one” trade deal. Boeing (BA) stock weighed heavily on the Dow 30 after China expressed concerns about the 737 Max jet. Goldman Sachs remains optimistic for 2020, forecasting a low chance of a stock market-rocking recession. Following a midday…
Since setting an all-time high just below 27,400 in July, the Dow Jones Industrial Average has struggled to hold above 27,000, much less press on toward loftier heights. That struggle continued on Friday. Dow Flirts with Second Straight Weekly Loss Weighed down by falling earnings guidance, the Dow declined 22.48 points or 0.08% to 26,783.05.…
