Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
Read More »Dow Jones Industrial Average Soars After Goldman Sachs Earnings
Text size It is good to be the Dow. The stock market continues to rise on Wednesday, but some indices are rising more than others. S&P 500 futures are up 1.4%, while Dow Jones Industrial Average futures are up 566 points, or 2.1%, and Nasdaq Composite is up just 0.5%. …
Read More »Dow posts a 557-point gain as Fed Bullard says unemployment could drop quickly “if we play our cards right”
US stocks ended markedly higher on Tuesday, and Dow industrials posted a third consecutive gain, fueled by a rally in energy and materials stocks, a day after technology stocks underwent a surprising reversal. . Comments made by members of the Federal Reserve implying increased support for the economy and pointing …
Read More »Dow raises 430 points when Brainard urges the Fed to switch to stimulus as the “thick fog of uncertainty” surrounds the coronavirus-hit economy
Benchmarks for US stocks boosted gains Tuesday afternoon after Federal Reserve Governor Lael Brainard painted a bleak outlook for the economy facing the COVID-19 pandemic, but said he advocated a policy that stimulates the business sector hit by the virus. Brainard said that Fed policy should do more to boost …
Read More »According to an analyst, why this lateral action of the stock market will be “resolved to the upside”
It has been a largely sideways move for the stock market since early June, but a Wall Street bull is telling clients that this consolidation episode is likely to “resolve to the upside” due in part to historical credit levels. and liquidity. “Over the past week, economic data continued to …
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