Dow hits an all time high on the back of Trump signing $900B COVID stimulus aid package

Stocks jumped to record highs at the start of the final week of 2020 after President Donald Trump unexpectedly signed a $900 billion COVID-19 economic aid package. The Dow Jones rose 240 points higher, or 0.8%, to 30,440 points as of 11.30am EST.  The benchmark briefly climbed to 30,525.56, its first intraday record in 10 days, before … Read more

Dow hits an all time high on the back of Trump signing $900B COVID stimulus aid package

Stocks jumped to record highs at the start of the final week of 2020 after President Donald Trump unexpectedly signed a $900 billion COVID-19 economic aid package. The Dow Jones rose 240 points higher, or 0.8%, to 30,440 points as of 11.30am EST.  The benchmark briefly climbed to 30,525.56, its first intraday record in 10 days, before … Read more

S&P 500 heads towards its best November EVER and the Dow is on track for its best month in 33 YEARS

The S&P 500 opened lower on Monday as investors paused ahead of crucial economic indicators later this week to take stock of what was set to be the benchmark index’s best November ever.  Wall Street’s main indexes were set to finish the month up more than 10% as investors bet that progress in the development … Read more

US economy: Dow Jones falls 100 points after post-election rally

Dow slumps 100 points and Wall Street pulls back from post-election rally as job growth slows and Biden edges closer to the White House Main US stock indexes edged lower on Friday after a post-election surge Stocks had rallied at the prospect of a split government in Washington  But latest jobs numbers showed a slowdown … Read more

US economy: Dow Jones falls 100 points after post-election rally

Dow slumps 100 points and Wall Street pulls back from post-election rally as job growth slows and Biden edges closer to the White House Main US stock indexes edged lower on Friday after a post-election surge Stocks had rallied at the prospect of a split government in Washington  But latest jobs numbers showed a slowdown … Read more

Dow falls 400 points as Wall Street wraps up its worst week and month since lockdowns began in March

Stocks tumbled again Friday with the Dow Jones Industrial Average closing 157 points lower and posting its biggest weekly losses since March.   Wall Street is closing out a punishing week with all three major indexes in the red, dragged down by a slide in shares of tech heavyweights following their quarterly results. The Dow had earlier … Read more

Dow is set to drop 100 points as doubts grow over Trump’s promise of Saudi-Russia oil price deal

Wall Street’s main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end, with data showing that hundreds of thousands of people lost their jobs last month due to the coronavirus. The Labor Department’s report confirmed that a recession was underway as business … Read more