Markets

Dow soars 359 points as investors buy the dip in tech stocks

Major US stock indexes climbed on Friday, driven by a surge in technology stocks. Still, Friday’s increase wasn’t enough to lift them into positive territory for the week. Both the S&P 500 and Dow Jones industrial average notched their fourth straight weekly decline. Equities have come under pressure in recent […]
Dow soars 359 points as investors buy the dip in tech stocks
Markets

Dow tumbles 510 points amid bombshell bank report, virus fears

Stocks fell on Monday lower amid rising fears of a COVID-19 resurgence of COVID-19 and an investigative report focused on large banks. Major indexes pared losses in late trading. The Dow Jones industrial average slid 510 points after plummeting as much as 942 points earlier in the session. Healthcare stocks […]
Dow tumbles 510 points amid bombshell bank report, virus fears
Markets

US stocks drop as traders mull the Fed’s uncertain economic outlook

US stocks closed lower on Thursday as investors continued to digest the Fed’s uncertain economic outlook and weekly jobless claims that still exceed the highs of the Great Recession. Federal Reserve Chair Jerome Powell’s comments on Wednesday expressed uncertainty in the economic recovery and mentioned that the Fed didn’t expect […]
US stocks drop as traders mull the Fed’s uncertain economic outlook
Markets

Dow drops 200 points as White House chaos continues

Stocks fell Tuesday after President Donald Trump unexpectedly blocked the Broadcom-Qualcomm merger and ousted Secretary of State Rex Tillerson. GE was the worst Dow Jones component, followed by Microsoft. The Dow Jones industrial average dropped nearly 200 points, or 0.68%, Tuesday as Wall Street processed President Donald Trump’s blocking of […]
Dow drops 200 points as White House chaos continues