Stocks dropped sharply on Friday after a highly anticipated inflation report showed a faster-than-expected rise in prices and consumer sentiment hit a record low. The Dow Jones Industrial Average shed 880 points, or 2.73%, to close at 31,392.79. The S&P 500 fell 2.91% to settle at 3,900.86. The Nasdaq Composite […]
Dow
Why the Dow plunged more than 1,000 points? Should I wait for stocks to sink lower? Here’s what some pros think.
What a difference a day makes. Fresh off the best percentage gain for the Dow Jones Industrial Average DJIA, -3.12% since Nov. 9, 2020, the blue-chip index got clobbered, along with the rest of the stock market, including the S&P 500 SPX, -3.56% and the Nasdaq Composite COMP, -4.99%. Not […]
Dow springs back from big deficit, turns positive on strong earnings news
Placeholder while article actions load Stocks started the week on a volatile note, with the Dow clawing back from a nearly 500-point deficit to push into solidly positive terrain, as investors absorbed a whirl of economic news. The Dow Jones industrial average closed up 238.06 points, or 0.7 percent, to […]
Dow Jones Futures: What To Do As Stock Market Correction Continues; Elon Musk Buys Twitter
Dow Jones futures were slightly higher late after Monday’s stock market rally. Twitter stock jumped as Tesla Chief Executive Elon Musk inked a deal to buy the company in a deal worth $44 billion. X Packaging Corporation of America (PKG) was a key earnings mover after the close. PKG shares […]