The Dow Jones rallied triple digits on Tuesday. Dow bulls are optimistic about a stimulus deal. Jerome Powell joins Nancy Pelosi and Donald Trump in calling for an agreement. The Dow Jones rallied on Tuesday, as investors continue to follow the carrot of stimulus talks. With Nancy Pelosi, Jerome Powell, and Donald Trump all crying […]
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The Dow Jones Industrial Average rallied by as much as 96 points on Tuesday. Federal Reserve Chairman Jerome Powell will deliver a speech on the economic outlook Tuesday morning, where he is expected to address the need for more fiscal policy. Investors are hopeful that Congress will pass new stimulus relief before the November election. […]
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The Dow Jones Industrial Average rose by as much as 330 points after the open. President Trump appears to have softened his stance on Covid-19 relief less than 24 hours after instructing representatives to cease negotiations with the Democrats until after the election. The president says he supports sending direct payments to Americans, extending the […]
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The Dow Jones rose more than 300 points on Monday. Investors cheered strong ISM data and progress towards fiscal stimulus in Congress. Joe Biden’s strong polling is looking positive for Wall Street. The Dow Jones rallied to start the week, as investors responded to stellar PMI data and reports that President Trump’s condition is improving. […]
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The Dow Jones Industrial Average rose by as much as 309 points on Monday. Joe Biden has opened up a 14-point lead on Donald Trump in the latest Wall Street Journal/NBC News poll. Although Trump is widely considered to be the better candidate for business, a decisive outcome, one way or another, is positive from […]
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The Dow Jones Industrial Average plunged by more than 600 points Monday morning. Investors reacted to a spate of negative headlines, including leaked documents showing major financial institutions helped launder trillions in illicit funds. The death of Ruth Bader Ginsburg also reverberated sparked a debate about whether President Trump should choose her replacement on the […]
Continue ReadingThe Dow Jones fell slightly points on Thursday. Initial jobless claims missed Wall Street estimates once again. Mike Pompeo is still trying to keep the “Phase One Deal” with China alive. The Dow Jones slipped again on Thursday. A quiet day of trade showed bulls struggling to lift the index higher. Another weak initial jobless […]
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The Dow Jones rose on Friday but traded well off its highs in late afternoon trading. Stocks tumbled after a strong open, but Boeing supported the Dow. JPMorgan Chase is still pushing investors to buy the dip, while ING fears that retail strength could soon fade as pent-up demand wanes. The Dow Jones rose on […]
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The Dow Jones collapsed on Thursday, suffering its worst loss since March. Donald Trump blamed the sell-off on the Federal Reserve, ignoring another 1.5 million jobless claims. Adding to the pressure, the pandemic appears to be worsening again, hitting a Dow plagued with retail speculation. The Dow Jones crashed a nauseating 1,650 points on Thursday, […]
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The Dow Jones Industrial Average (DJIA) plummeted nearly 1,000 points after ‘gloomy’ Fed comments. Despite a negative economic outlook, chairman Jay Powell’s response was incredibly supportive for the stock market. Commentators say traders might shrug off the ‘down day’ and we’ll see another leg higher afterwards. The stock market took a turn for the worse […]
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