Markets

Dow sheds 300 points as traders await big tech earnings

All three major indices dipped Wednesday morning as Wall Street awaits a basket of earnings and a Fed decision this afternoon. GameStop continued its meteoric rise following a tweet from Elon Musk. Microsoft posted a 17% rise in sales in the latest quarter. Sign up here for our daily newsletter, […]
Dow sheds 300 points as traders await big tech earnings
Markets

US stocks slide from new highs as hope for expanded stimulus fades

US stocks pulled back from record highs on Tuesday as hopes for $US2,000 direct stimulus payments faded. Senate Majority Leader Mitch McConnell blocked an attempt by Democrats to hold a vote on the $US2,000 checks but said that the Senate would “begin a process” of considering a proposal to send […]
US stocks slide from new highs as hope for expanded stimulus fades
Markets

US stocks climb on investor hopes for stimulus ahead of Tuesday deadline

US stocks gained as investors maintained optimism for Democrats and Republicans to pass fresh stimulus ahead of the November elections. House Speaker Nancy Pelosi expedited talks on Sunday, setting a 48-hour deadline for the White House and Democrats to reach a compromise. Even if a deal is reached, it’s set […]
US stocks climb on investor hopes for stimulus ahead of Tuesday deadline
Markets

Dow erases 2020 losses as Fed policy overhaul lifts stocks

The Dow Jones industrial average erased its 2020 losses on Thursday as stocks rallied on the Federal Reserve’s new monetary policy framework. The 30-stock index gained as much as 1.1% in the session. Microsoft and Walmart led the index higher following news of their joint bid for TikTok. The Dow […]
Dow erases 2020 losses as Fed policy overhaul lifts stocks
Markets

Dow dives 445 points as earnings results hint at massive coronavirus impact

All three major US stock indexes tumbled on Wednesday as retail-sales data and quarterly earnings reports reflected the harm of the coronavirus outbreak. Shares of Goldman Sachs, Citigroup, and Bank of America slipped after all three firms reported quarterly profit declines of at least 45%. The Commerce Department announced that […]
Dow dives 445 points as earnings results hint at massive coronavirus impact
Markets

US stocks plummet into correction territory on coronavirus fears — and the S&P 500 is headed for its worst week since the 2008 financial crisis

All major US equity indices plunged Thursday, with the S&P 500 and Dow Jones industrial average entering correction territory. That means they have both fallen more than 10% from recent highs. A Stoxx Europe 600 also entered correction territory. The sell-off comes amid worsening news surrounding the ongoing coronavirus outbreak. […]
US stocks plummet into correction territory on coronavirus fears — and the S&P 500 is headed for its worst week since the 2008 financial crisis
Markets

Dow breaks the 29,000 threshold for first time

The Dow Jones Industrial Average soared past 29,000 for the first time ever on Friday, hitting a new record as the historic bull market tears higher in the new year. The 30-stock index climbed 48 points higher to breach the psychological threshold, driven by gains in Pfizer, Apple, and Coca-Cola. […]
Dow breaks the 29,000 threshold for first time
Markets

Dow joins the Dow after being spun off from DowDuPont

Dow began trading on the Down Jones Industrial Average on Tuesday after being spun off from parent DowDuPont. The 120-year-old company is listed on the New York Stock Exchange. Watch Dow trade live. The 120-year-old Dow will join the Dow Jones Industrial Average as an independent company after re-listing on […]
Dow joins the Dow after being spun off from DowDuPont
Markets

The Dow jumps more than 350 points

Stocks jumped Tuesday as strong earnings and economic data lifted spirits on Wall Street. The three major US indices had shed about 4% during a sell-off last week. Watch US stocks trade in real time here. Stocks rose sharply Tuesday as strong earnings reports helped lift spirits on Wall Street […]
The Dow jumps more than 350 points
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 26,562.05 -181.45 (-0.68%) S&P 500: 2,919.37 -10.30 (-0.35%) AUD/USD: 0.7252 -0.0025 (-0.34%) ASX200 SPI futures (December contracts): 6,182 (-6) 1. Benchmark crude oil rose above $US81 a barrel overnight for the first time since 2014. It followed OPEC’s decision at the weekend not to […]
6 things Australian traders will be talking about this morning
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