Items Tagged with 'Dow'

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  • Dow Jones drops more than 800 points in the face of rising rate fears

    Worst drop the Dow has seen since February
    Rate hikes have spurred a selloff and the Dow Jones Industrial Average received its worst pummeling since February, dropping more than 800 points today. It’s been a tough month for the major indexes with S&P 500 and the Dow down more than 2.7% and 1.6%, respectively. And the Nasdaq has lost more than 5.5%.
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  • Trump tax reform sets markets up for Santa Rally

    Passage expected this week
    While the corporate tax cuts will lead to Fannie Mae and Freddie Mac needing some temporary monetary support from the Treasury, there isn’t much downside investors can see to the tax reform. Both the Dow and S&P are up in this morning’s trading.
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  • Dow, S&P 500 face worst daily drop since October

    What happened to the Dow finally breaking 20K?
    The recent stock market rally is quickly coming to a close as the Dow and S&P 500 are on track for their worst one-day declines in three months. It was only a week ago that the Dow flirted extremely close to the 20,000 psychological milestone.
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  • Dow flirts extremely close to 20K milestone

    Edges close Friday morning and early afternoon
    The Dow flirted extremely close to the 20,000 psychological milestone on Friday, spending most of the morning and early afternoon reaching less than half a percentage point off the threshold at times. Ever since the presidential election, the Dow, viewed as an indicator of economic health, edged closer, with Friday’s rise marking another record high.
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  • Financial purge: Big bank stocks plunge

    Dramatic crash in oil prices to blame
    The DOW is not looking good as financial names took a big hit Thursday. Reeling off a 400-point loss, oil prices dropped below $27 a barrel for the second time in recent weeks. It settled at $26.21, the lowest point since 2003.
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  • Stocks up ahead of Friday’s jobs report

    Redwood gets favorable nod from FBR Capital Markets
    The HW 30 and most of the indices finished Thursday higher, with the S&P 500 hitting its record for the 50th time in the past year. The Nasdaq was dragged down by declines in biotech companies.
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  • Strong Stewart equity gains lift HW 30

    Investors shrug off bad retail, jobless data for day of gains
    Stocks rose Thursday into the afternoon, erasing earlier losses as buyers shrugged off the dismal retail sales news for January and the increase in jobless claims.
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