The Dow Jones is taking a breather as bids grapple with 44,000. Post-election rally pauses, but with little retracement on the cards. US CPI inflation data due Wednesday to drive momentum. The Dow Jones Industrial Average shed around 300 points on Tuesday, marking out territory near the 44,000 handle as equities take a brief pause […]
The Dow Jones is set to close north of 44,000 for the first time ever as bulls continue to run. Equity markets have tilted fully into the buy side after Trump’s decisive election win. US CPI inflation print due in the mid-0week as markets eye more Fed rate cuts. The Dow Jones Industrial Average (DJIA) […]
Dow Jones tapped 44,000 for the first time ever on Friday. Equities are extending a near-term bullish push to wrap up the trading week. UoM sentiment survey results came in much better than expected. The Dow Jones Industrial Average (DJIA) rose into fresh all-time highs on Friday, clipping into 44,000 as stocks lean firmly bullish […]
The Dow Jones reached a new record high after Trump looks set to beat Harris into the White House. A decisive election result is tipping stocks into a frenzy on hopes for deregulation. The Dow Jones is up 3.6% for the week with banking stocks charging to the top. The Dow Jones Industrial Average (DJIA) […]
Intel stock has its best performance in some time. INTC shares lifted 8% by better Q4 guidance. Intel misses on bottom line with $-0.46 loss in Q3 Revenue was benefited by AI and Edge computing. Intel (INTC) stock surged more than 8% on Friday after the embattled legacy semiconductor firm announced major progress on […]
Micrsoft stock fell as much as 6% on Thursday after reporting fiscal Q1 earnings. CEO Satya Nadella’s company easily beat Wall Street consensus for revenue and net income. GAAP EPS climbed 10% YoY, and revenue rose 16%. MSFT stock fell due to lower projected Azure cloud growth in Q2. Microsoft (MSFT) skittered off the […]
Dow Jones dips from 42,500 as US Treasury yields rise. US job openings drop to lowest since January 2021, supporting rate cut bets. Consumer Confidence jumps to 108.7, the highest since March 2021. Boeing leads Dow gains, up 2.93% after share sale, while Chevron, Coca-Cola, and Home Depot lag behind, posting notable losses. The Dow […]
Dow stock closes 2.5% lower on Friday
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Dow (DOW) closed at $49.70 on Friday, 2.5% lower on the day. Dow’s stock price has decreased 8.1% so far this year, much less than the 12.4% advance registered by the overall Dow Jones Industrial Average (DJIA) index. On Friday, the DJIA fell by 0.6% to close at 42,114 points. The three leaders were Intel (INTC), Salesforce (CRM) […]
The Dow Jones shed seven-tenths of a percent on Friday at its lowest. A tech stock rally left the Dow in the dust as the blue-chip index waffles. Despite holding on the high end, the Dow Jones found its first down week since August. The Dow Jones Industrial Average (DJIA) bottomed out around 300 points on […]
AXP stock slips 5% on topline weakness in third quarter. Full-year revenue guidance guided down to low end of prior range. American Express bested consensus on earnings by $0.20. Credit provisions, write-offs rise moderately in Q3. American Express (AXP) stock swooned over 5% on Friday after it reported third-quarter results. The company reduced its outlook […]
TRV stock soars 8% on Thursday after delivering record Q3 earnings. Travelers adjusted EPS spiked 169% from a year earlier. Record underlying underwriting income led to the successful quarter. TRV stock could run up to $280 based on technical chart pattern. The Travelers Companies (TRV) stock has popped 8% on Thursday after its third-quarter […]
The Dow Jones slipped back below 43,000 on Tuesday. Markets are softer on Tuesday after ripping into new records this week. Weak points in tech sector are leading equities lower despite broad earnings beats. The Dow Jones Industrial Average (DJIA) trimmed lower on Tuesday despite starting the day with a fresh all-time peak bid. The […]
