As with every Dow milestone, detractors were quick to dismiss the news, claiming that round numbers aren’t significant and that the Dow is somehow inferior to market-cap-weighted indexes like the S&P 500 (GSPC) since it is a price-weighted index. However, the Dow and its landmarks have a tonne of...
DOW JONES is trading up 0.64% at 30892.00 U.S. futures pointed higher on Friday, building on gains in Europe and Asia following a late rally on Wall Street, as investors digest two days of high-profile testimony from Federal Reserve chair Jerome Powell. As of 06:48 AM EST (1048 GMT),...
During a recession, the unemployment rate normally rises because there is a lack of demand for products and services, which leads to a lack of need for employees. As a result of state and local governments implementing stay-at-home orders in reaction to the COVID-19 epidemic, the unemployment rate rose...
S&P 500 is trading down 0.39% at 3717.99 U.S. stocks are seen opening sharply lower Wednesday, handing back some of the previous session’s gains ahead of the start of the two-day testimony by Fed Chair Jerome Powell on Capitol Hill. At 07:00 a.m. ET (1100 GMT), the Dow Futures...
As worries of economic turmoil grow, experts and consumers alike are attempting to determine if the United States is on the verge of entering — or is already in — a recession. According to a May report by the Federal Reserve, the war in Ukraine, rising interest rates, supply...
DOW JONESis trading down 1.05% at 32899.71 U.S. stocks are seen opening higher Monday, on growing confidence that the Federal Reserve can tighten monetary policy sufficiently to deal with soaring inflation without tipping the economy into recession. At 7 AM ET (1100 GMT), the Dow Futures contract was up...
DOW JONES is trading down 1.05% at 34792.77 U.S. stocks are seen opening marginally lower Friday, continuing the previous session’s selloff on fears of sharp monetary policy tightening while quarterly corporate earnings continue to emerge. At 7 AM ET (1100 GMT), the Dow Futures contract was down 120 points,...
S&P/ASX 200 is trading up 0.67% at 7514.50 Australia stocks were higher after the close on Wednesday, as gains in the IT, Healthcare and Industrials sectors led shares higher. At the close in Sydney, the S&P/ASX 200gained 0.67% to hit a new 1-month high. The best performers of the...
DOW JONES Price Technical Analysis: Weekly Chart In the weekly charts, DOW JONES is trading in an upward channel. DOW JONES is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. DOW JONES will follow an uptrend in the coming weeks....
S&P 500 is trading down 2.12% at 4380.26 U.S. stock markets opened lower on Thursday as fears of war in Ukraine returned to center stage, amid reports of tank fire and the expulsion of a senior U.S. diplomat by Russia. Ukraine’s Foreign Minister Dmytro Kuleba was quoted by newswires...
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