The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly decline that left it down 1.4% so far in January. That marked the index’s worst performance over the first six trading days of a year since 2016, when it slumped 5.9%, according to Dow Jones Market Data.
The Dow Jones Industrial Average (DJIA) continues to lean into the bullish on Wednesday, climbing around 100 points and inching towards 44,200 as equities tilt into the buy button. There aren’t any particular reasons for a fresh bull run to kick off, but investors aren’t finding any particular reason for a turn into the bearish side, either.
Stock market on Wednesday, January 22, 2025, witnessed a mix of cautious optimism and volatility as investors responded to the latest economic reports and corporate earnings.
The Dow Jones Industrial Average (DJIA) struck a middling tone on Thursday, churning around the 43,200 handle and testing down around 100 points on the day. Price action is hung up on the 50-day Exponential Moving Average (EMA), and investors await any sign of data that could signal a faster pace of rate cuts from the Federal Reserve (Fed).
The S&P 500 ( ^GSPC) was little changed, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.2% higher, with a record not far off.
The S&P 500 ( ^GSPC) rose more than 0.1%, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.6% higher, with a record not far off.
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.
Wall Street analyzed the cooler-than-expected producer price index for December on Tuesday and looked ahead to the consumer price index report on Wednesday.
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government report Friday morning showed U.S. employers added a whopping 256,000 jobs in December. The unemployment rate fell to 4.1%. But the ...
U.S. stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
U.S. stocks finished higher on Friday, the final trading day of Biden's term in office. All three major benchmarks posted weekly gains amid a retreat in Treasury yields. Investors were also looking ahead to this week, when Trump is set to be inaugurated as president for the second time.