Tag Archives: Dow

Stocks fell sharply on Thursday after new data released today showed that retail sales slowed in November. The declines also came one day after the Federal Reserve rose interest rates to a 15-year high. As of the closing bell on Thursday, the Dow Jones Industrial Average fell 764.13 points, or 2.25%, to 33,202.74 — in its worst day since September. The S&P 500 dropped 2.49% to 3,895.82 and the Nasdaq Composite tumbled 3.23% to 10,810.53. More from Footwear News Footwear companies also felt… Source link

U.S. stocks cascaded Thursday as recession jitters returned to Wall Street, paring gains from a fleeting relief bounce spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 2.3%, while the Dow Jones Industrial Average erased more than 500 points, or around 1.7%. The Nasdaq Composite sank over 3%. Technology stocks led the slide lower as heavily-weighted Apple (AAPL) shares erased roughly 4.8% on concerns around waning demand that prompted a downgrade from Bank of America…. Source link

US stocks were under pressure Tuesday, with the Nasdaq losing about 3% as selling ramped for technology shares especially. As of the close, the S&P 500 was off 2%, bringing it down to 3,821.74. The Dow fell by 490 points, or 1.6%, and the Nasdaq dropped 2.98% to 11,181.54. The small cap Russell 2000 was also down more than 1.5%. Stocks had taken a leg lower in morning trade after a new report showed US consumer confidence deteriorated to a 16-month low in June amid ongoing inflation concerns,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 9, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. ExxonMobil (XOM) surged to its first new high in eight years on Wednesday. Unfortunately, the Dow Jones Industrial Average (^DJI) isn’t benefiting from the oil major’s 70% gain this year. And neither are… Source link

Text size Wall Street will digest a wave of U.S. corporate earnings this week. Dreamstime Stocks were down… Source link

U.S. stocks declined to close a choppy session slightly lower on Monday as investors returned from a holiday weekend and geared up for another busy week of corporate earnings results. The S&P 500 edged lower after fluctuating between gains and losses throughout the session. The Dow and Nasdaq also ended in the red. Treasury yields advanced, with the yield on the benchmark 10-year note holding above 2.8%. U.S. West Texas intermediate crude oil futures rose and extended last week’s gains. For… Source link

Amazon’s (AMZN) big stock split could pave the way for entrance into the 30-member exclusive club known as the Dow Jones Industrial Average. “We expect that the stock split should increase the accessibility of shares to a broader array of potential investors, and note that the split should allow for potential inclusion of Amazon shares in the Dow Jones Industrial Average,” said Wells Fargo analyst Brian Fitzgerald. Shares of the e-commerce giant rose 5% in pre-market trading on Thursday on the… Source link

U.S. equity futures were flat heading into overnight trading Wednesday after stocks ended a losing streak to log their best session in two years. All three main benchmarks closed higher for the first time in four days and commodity prices retreated from a recent spike as investors looked optimistically toward a possible de-escalation of Russia’s war in Ukraine. Contracts on Wall Street’s key hovered near the flatline in post-market trading after the S&P 500 notched its best day since June… Source link

U.S. equity futures ticked lower in post-market trading Monday after a sell-off in the earlier session that saw the Dow Jones Industrial Average fall into correction territory and the Nasdaq enter a bear market. Investors continued to jettison stocks and stockpile safe-haven assets as concerns over the economic consequences of Russia’s war in Ukraine intensified. Futures tied to Wall Street’s main benchmarks dipped slightly heading into overnight trading. Contracts on the Dow, S&P 500 and… Source link

Futures tied to Wall Street’s key benchmarks were mixed heading into overnight trading Wednesday after stocks closed higher for the fourth straight day on the heels of Big Tech earnings. However, the winning streak in equities was eclipsed by disappointing fourth quarter results from Facebook parent company Meta (FB), which reported figures that missed estimates after the bell on Wednesday. The results sent shares tumbling more than 20% in post-market trading. Contracts on the tech-focused… Source link