Tag Archives: Dow Jones

Markets Plummet After Trump Attacks “Loser” Fed Chair

Yahoo Finance reports: US stocks fell sharply Monday as President Trump hurled more social media insults toward Fed Chair Jerome Powell, sparking concerns of Fed independence at a time when markets are still reacting to the president’s whipsawing tariff policy. The S&P 500 was down over 2.7%, while the tech-heavy Nasdaq sank 3%, leading the way down. The Dow Jones …

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Stock Markets Sink After Fed Chair’s Inflation Warning

CNBC reports: Stocks fell sharply on Wednesday, as a stark warning from Nvidia roiled global tech and concerns from Federal Reserve Chair Jerome Powell about the economic impact of tariffs raised alarm among skittish investors. The Dow Jones Industrial Average lost 699 points, or 1.7%. The S&P 500 dropped 3%, led down by the information technology sector. The Nasdaq Composite …

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US Stock Markets Sink For Fourth Consecutive Day

CNBC reports: Stocks fell Tuesday as a relief rally proved short-lived and investor anxiety returned ahead of President Donald Trump’s next tariff deadline. The Dow Jones Industrial Average dropped 320 points, or 0.84 %, bringing its four-day loss on tariff angst to nearly 5,000 points. Apple led the losses with the iPhone maker’s costs set to surge with new China …

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Dow Ends Session Down After Largest-Ever Point Swing

CNBC reports: The Dow Jones Industrial Average fell for a third day following President Donald Trump’s tariff rollout, with the president threatening even higher rates against China on Monday. The session was a wild one as traders tried to speculate when the market would bottom from Trump’s tariff turmoil, with the Dow Jones Industrial average posting its largest intraday point swing …

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Bear Market: Dow Jones Falls Sharply In Early Trading

Investopedia reports: Stocks fell sharply in early trading Monday, extending last week’s massive sell-off, as the Trump administration showed no signs over the weekend of backing down from its plan to impose wide-ranging tariffs. The Dow Jones Industrial Average was down 4.2%, or more than 1,600 points, about 10 minutes after the opening bell, while the S&P 500 and tech-heavy …

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Dow Jones Craters By Over 2200 Points Due To Tariffs

CNBC reports: The stock market was pounded for a second day Friday after China retaliated with new tariffs on U.S. goods, sparking fears President Donald Trump has ignited a global trade war that will lead to a recession. The Dow Jones Industrial Average dropped over 2,200 points, or 5.5% on Friday, its biggest decline since June 2020 during the pandemic. …

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Stock Market Tumbles Again After Opening Bell

CNBC reports: The stock market took another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession. The Dow Jones Industrial Average traded down 1,130 points, or 2.8%. This follows a 1,679.39 point decline on Thursday. The S&P 500 slid 3.2% after the benchmark shed 4.84% on …

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Tariffs Send Stock Markets Tumbling At Opening Bell

CNBC reports: Stocks cratered Thursday after President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy. The S&P 500 dropped 3.4%, putting it on track for its worst day since September 2022. The Dow Jones Industrial Average tumbled 1,200 …

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Axios: Bloomberg Wants To Buy WSJ Parent Or WaPo

Axios reports: Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either Wall Street Journal parent company Dow Jones or The Washington Post, a source familiar with his thinking told Axios. Bloomberg wants to expand his media empire and sees Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested …

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Stock Market Plummets On New COVID Variant Fears

CNBC reports: U.S. stocks dropped sharply on Friday as a new Covid variant found in South Africa triggered a global shift away from risk assets. The Dow Jones Industrial Average dropped 1000 points, or 2.8%, for its worst day of the year, while the S&P 500 and Nasdaq Composite slid 2.3% and 2.2%, respectively. Friday is a shortened trading day …

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Biden Transition Start Fuels Market To Record High

CNN Business reports: Investors have a lot to be thankful for this holiday-shortened week — including the Dow passing the 30,000 milestone for the first time as stocks posted solid gains Tuesday to extend Monday’s rally. The Dow was up more than 400 points, or 1.4%, in late morning trading. The blue chip index hit a new all-time high in …

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Dow Plunges 1800 Points Amid Renewed COVID Fears

CNBC reports: The Dow Jones Industrial Average plunged more than 1,800 points on Thursday and was on pace for its worst day since the March sell-off as coronavirus cases increased in some states that are reopening up from lockdowns. Shares that have surged recently on hopes for a smooth reopening of the economy led the declines. The 30-stock Dow traded …

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Dow Ends Worst First Quarter In Its 135-Year History

The Washington Post reports: Wall Street concluded one of its worst-ever starts to a year on Tuesday with markets staggering under trillions in losses from an economy paralyzed by the coronavirus. The Dow Jones industrial average plunged more 400 points, or roughly 1.9 percent, for the worst first-quarter finish of its 135-year history. The virus has killed thousands across the …

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Dow Soars 2100 Pts On Hopes Of Stimulus Bill Deal

ABC News reports: U.S. equity markets registered the strongest one-day rebound in history on Tuesday amid investor optimism that members of Congress will overcome their differences to reach a deal on a nearly $2 trillion COVID-19 stimulus package. In the final hour of trading, gains picked up steam giving the Dow Jones Industrial Average a 2,112 point gain, the biggest …

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Dow Tumbles Another 600 Pts Despite Move By Fed

Bloomberg News reports: U.S. stocks started the week down as investors saw little progress on a congressional spending package to blunt the fallout from the coronavirus pandemic. Measures of corporate credit risk eased after the Federal Reserve announced a massive second wave of initiatives to support a shuttered American economy. The S&P 500 closed lower, despite a late-session surge, after …

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Dow Tumbles 913 Pts After Trump’s Insane Briefing

CNBC reports: Stocks attempted to rally on Friday, but failed, concluding one of the most volatile weeks on Wall Street ever as investors grapple with mounting fears over the coronavirus’ economic blow. The Dow Jones Industrial Average closed 913 points lower, or more than 4%, after rallying more than 400 points earlier in the day. The S&P 500 slid 4.4%. …

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Dow Jones Currently Below Trump’s Inauguration Day

The Hill reports: The Dow Jones Industrial Average on Wednesday erased all the gains it had made since President Trump took office amid the ongoing economic fallout from the coronavirus epidemic. The morning of Trump’s inauguration, the stock index opened at 19,795 and closed at 19,827. At its lowest point on Wednesday, it fell to 19,700. The S&P 500, widely …

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Dow Jones Rebounds +1000 Points On Stimulus News

NBC News reports: Stock markets surged on Tuesday, after the government doubled down on its economic response to the coronavirus outbreak, ramping up financial assistance for affected businesses, and floating a $1 trillion stimulus package that includes putting cash in the hands of Americans. The Dow Jones Industrial Average ended the day with a gain of around 1,000 points, bouncing …

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Dow Plunges As Trump Speaks, Closes 3000 Pts Down

Investor’s Business Daily reports: Stocks crashed at the open to trigger a circuit breaker, halting trade for 15 minutes, following the Fed’s emergency rate cut over the weekend. The central bank slashed rates to essentially zero and announced a $700 billion quantitative easing program. But instead of spurring stock purchases, the Dow Jones index plunged more than 2,700 points before …

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NYSE Halts Trading After Opening 2250-Point Plunge

Yahoo Finance reports: As of Monday morning, the S&P 500 opened more than 8% lower, immediately triggering a 15-minute trading halt launched when an index fall more than 7% from the prior session’s close. The so-called “circuit breaker” is intended to prevent further immediate losses. During the overnight session, futures for each index were pinned to their “limit-down” levels established …

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