Dow Spikes 150 Points as Central Banks Pump Easy Monetary Policy

Published: 18/06/2019 10:00 EST. Journalist: By CCN Markets: The Dow and broader U.S. stock market opened sharply higher on Tuesday after European Central Bank (ECB) officials signaled that a new round of stimulus was on the horizon. Dow Surges After Open All of Wall Street’s major indexes opened higher on Tuesday, reflecting a strong pre-market […]

Dow Creeps Higher but Fearful Money Managers Exit Stocks Fast

Published: 18/06/2019 07:47 EST. Journalist: By CCN Markets: Dow Jones futures rose on Tuesday, but money managers on Wall Street aren’t convinced the stock market rally has longevity. Billion-dollar investors are pulling money out of stocks and piling into cash, according to a survey by Bank of America Merrill Lynch. The investors, who manage $528 […]

Dow Holds Tepid Gains as Fed Eyes First Rate Cut in 11 Years

Published: 17/06/2019 15:30 EST By CCN Markets: The Dow and broader U.S. stock market rose on Monday, as investors shifted focus to a high-profile central-bank meeting that could lay the groundwork for the first interest rate cut in more than a decade. Dow Holds Gains; S&P 500, Nasdaq Follow All of Wall Street’s major indexes […]

Dow Ignores Trump’s Threat to Slam China With Double Tariffs

By CCN Markets: The Dow Jones Industrial Average traded flat on Monday, despite ominous trade warnings from the White House over the weekend. In an interview with ABC News on Sunday night, Trump said he was ready to go all in on tariffs in a bid to twist China’s arm. The president threatened to double […]

Dow Cowers as Trump Blames Iran for Gulf Tanker Attacks: ‘It Was Them’

By CCN Markets: The Dow inched toward a cautious session on Friday following President Donald Trump’s blunt assertion that Iran owns the blame for attacks on two tankers in the Gulf of Oman. Dow Edges Lower; Nasdaq Suffers Steep Drop All of Wall Street’s major indices prepared to suffer opening bell declines. As of 9:07 […]

Dow’s Sudden Rally Erases 118 Point Loss Despite Chip Stock Meltdown

By CCN Markets: The Dow and broader U.S. stock market limped into Friday’s close after disappointing financial results from a leading chipmaker highlighted the dangers of a prolonged trade war with China. Dow Pares Losses; Nasdaq Endures Tech Blowback All of Wall Street’s major indexes struggled out of the gate Friday, reflecting a weak pre-market […]

Privacy Scandals Led to Facebook’s S&P 500 ESG Ouster

S&P Dow Jones revealed the embarrassing reason it booted Facebook stock from the S&P 500 ESG Index. Facebook’s cornucopia of privacy scandals caused its ESG score to plunge to alarming levels. The same day that Dow Jones kicked FB out of the index, Mark Zuckerberg pledged to make Facebook a champion of privacy rights. By […]

Hidden Economic Boom Won’t Stop Fed Rate Cut

By CCN Markets: The Dow Jones bounced back into recovery mode on Thursday, regaining its momentum from an initial breakout above 26,000 last Friday. Heading into the afternoon session, the Dow had gained 53.54 points or 0.21 percent to trade at 26,058.37, and analysts say that there are ample reasons for it to continue to […]

Dow Bounces Back Because July Rate Cut Odds Ballooned to 89%

By CCN Markets: The Dow and broader U.S. stock market advanced on Thursday, as investors found a silver lining in the recent string of downbeat data releases. By this time next week, markets will have a clearer picture of whether the Federal Reserve will indeed lower interest rates at its end-of-July policy meeting. Dow Rises; […]

Dow Won’t Crash Because Trump Won’t Let It Happen: J.P. Morgan

By CCN Markets: The Dow Jones chalked up back-to-back losses this week, but don’t fear an all-out crash. Trump won’t let it happen, says JP Morgan’s top analyst. As trade war fears persist, Marko Kolanovic said Trump would sooner sign a trade deal with China than let the US economy fall into recession on his […]