Tag Archives: Dow

Stock futures dipped on Monday, following a session in which the broader market notched new record highs, as traders looked ahead to retail sales data on Tuesday and a Federal Reserve policy meeting later this week. During Monday’s regular session, Wall Street rallied in choppy, directionless trading, as investors struggled to balance economic optimism against steadily rising Treasury yields. The Dow Jones Industrial Average rose by over 100 points and the S&P 500 Index also inched to a new… Source link

Wall Street opened on a mixed note Monday, with the broader market adding to recent gains but technology shares under renewed pressure, as investors balanced extending a rally against a backdrop of steadily rising Treasury yields. On Friday, major benchmarks ended a mixed session with the Dow Jones Industrial Average jumping by nearly 300 points and the S&P 500 Index also inching to a new high, bolstered by the signing of a new $1.9 trillion stimulus bill that’s poised to spur consumer… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link

Stocks rose Tuesday, extending last week’s gains as traders returned from a long holiday weekend in the U.S. The Dow, S&P 500 and Nasdaq came off session highs after reaching record levels shortly after market open. U.S. stocks tracked gains in European equities, after UK Prime Minister Boris Johnson said he was “hopeful” the country’s stringent lockdown restrictions could be eased in the coming weeks as the vaccine rollout continues and new daily infections fall further. Other risk assets… Source link

TipRanks Time to Turn Bullish on These 2 Oil Stocks, Says Raymond James We are entering a new paradigm for the oil and gas industry, one far removed from the Trump Presidency’s pro-drilling policies. The Biden Admin is likely to cut back on oil and gas production in the US, in favor of promoting renewable energy sources and carbon pollution reduction. In the short run, his policies are likely to push oil and gas prices up – and that may turn out to help the hydrocarbon sector, at least at… Source link

Stock jumped Wednesday as traders awaited final results of the Georgia Senate runoff elections, which will determine control of Congress and shape policy decisions for the coming years. The Dow and S&P 500 each jumped more than 1% to hit record intraday highs, as bank stocks helped fuel the advances. The Nasdaq stayed under some pressure, as markets took the increasing odds of a Democratic sweep in the Georgia Senate races as a possible sign for more anti-trust action against Big Tech… Source link

Stock futures began the overnight session slightly higher Monday evening, reversing some of the regular session’s declines. Equities are set to kick off the final month of 2020 on the heels of a record month, during which each of the three major indices made fresh record highs, and the Dow posted its biggest monthly gain since January 1987 with an advance of nearly 11.9%. In the S&P 500, the energy, financials and industrials sectors led the index’s 10.8% rise, as traders rotated back… Source link

Stocks fell Monday as investors gave back some of last week’s gains, which sent the S&P 500 and Nasdaq to fresh record highs and the Dow above 30,000 for the first time ever. [Click here to read what’s moving markets heading into Tuesday, Dec. 1] However, the three major indices capped off November with major monthly gains. The Dow posted a monthly gain of nearly 11.9% for its best month since early 1987. The S&P 500 tracked toward a rise of about 10.7%, and the Nasdaq posted an 11.9%… Source link

Wall Street opened higher on Friday, with stocks aiming to re-test the week’s records in thin, post-Thanksgiving trading, as hopes for a COVID-19 vaccine momentarily counterbalance soaring infection rates. The New York Stock Exchange will end the trading day at 1p.m. Eastern. Stocks are consolidated their gains after the Dow Jones Industrial Average was catapulted above 30,000 for the first time ever on Tuesday, with an increasing number of investors encouraged by expectations that a… Source link

Wall Street consolidated its gains on Wednesday, with stocks opening flat to slightly lower a day after major benchmarks scaled to new highs. Ahead of the U.S. Thanksgiving holiday, optimism over the imminent deployment of a COVID-19 vaccine propelled the Dow Jones Industrial Average above 30,000 for the first time ever on Tuesday, extending a breathtaking rally that’s carried stocks deep into a bull market. However, caution set in early Wednesday, as investors digested weekly jobless claims… Source link