.DJI Dow Jones Industrial Average
- 39512.840
- +125.080+0.32%
This Stock-Market Rally Isn't What It Seems -- Heard on the Street
To anybody listening to Wall Street analysts, it might sound like all the market volatility of the past couple of months has had to do with small changes in the economy and the Federal Reserve's potential response.
Fed Depends on Troubled Data. That's a Problem
The Bureau of Labor Statistics has revised payrolls downward by 124,000 jobs so far this year. The revisions reduced January's initially reported gain of 353,000 -- a shockingly outsize number -- and brought the average monthly pace of job growth down to a more reasonable 256,000 level through April.
Dow 40,000 Is So Close, You Can Feel It. Here's Why You Should Fear It
At first blush, the stock market looks like it's marching higher at a steady and predictable rate. The S&P 500 index is up 9% this year after notching its third straight weekly gain. But there's a lot going on under the surface. A new set of stocks has been leading the charge, benefiting from higher expectations that lower interest rates are ahead.
Stocks Lift Off, but Earnings Could Bring Them Back to Earth
Things on Wall Street and Main Street seem to be moving in opposite directions. The S&P 500 index has returned to within 1% of its record high, while the University of Michigan's latest reading of consumers' attitudes about the economy took a tumble to a six-month low. So, in this tale of two tallies, is it the best or worst of times?
Market Closes Mixed After Consumer Sentiment Fell In May | Market Story
Shortly after 10 AM EST, the $S&P 500 Index(.SPX.US)$ climbed 0.24%, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.37%, and the $Nasdaq Composite Index(.IXIC.US)$ climbed 0.13%.Friday, May Pre
Dow Jones Industrial Average Finds Thin Gains Despite Declining Consumer Sentiment
Dow Jones climbs 0.32% as investors grapple with pullback in consumer confidence.
Jim Simons, Considered One of the World's Greatest Investors, Dead at 86
Billionaire investor Jim Simons, a mathematician who founded one of the most profitable investment firms of all time and pioneered the field of quantitative investing, has died at the age of 86.
Biden to Quadruple Tariffs on Chinese EVs
By Andrew Duehren and Andrew Restuccia WASHINGTON -- The Biden administration is preparing to raise tariffs on clean-energy goods from China in the coming days, with the levy on Chinese electric vehic
Market Opened Up, Shifting Lower | Here are Stories Moving the Market
Morning mooers, it is finally Friday, May 10th. More than half of the market has reported earnings so far, a busy and severe season that saw dramatic price drops in reaction to anything but perfection.
May Preliminary University of Michigan Consumer Sentiment 67.4 Vs. Expected 76.2, Prior 77.2
10:00 AM EDT, 05/10/2024 (MT Newswires) -- May Preliminary University of Michigan Consumer Sentiment 67.4 Vs. Expected 76.2, Prior 77.2
Dow Extends Winning Streak Amid Fed Rate Cut Hopes
The Dow Jones Industrial Average is heading into Friday with a seven-day winning streak, the longest since a nine-day streak in December.
Why is US consumption so strong? This might be the answer
Why does the highest interest rate in more than 20 years seem to have put much resistance on Americans' consumption? Perhaps the answer is that some undisclosed “ghost debt” supports Americans' expenses, but also sows the seeds of disaster.
Led by Apple and Meta, the repurchase amount of S&P constituent stocks in the first quarter exceeded 180 billion US dollars, an increase of 16%
Goldman Sachs expects that the repurchase scale of S&P 500 shares will reach US$925 billion this year and further expand to US$1.075 trillion in 2025, with annual growth rates of 13% and 16%, respectively.
Stock-market Investors Fear a Consumer Slowdown. Keep an Eye on Gasoline Demand
By Myra P. Saefong Renewed weakness in fuel demand as summer approaches could spark downturn fears, analysts say Prices for gasoline at the pump have climbed from a year ago, contributing to weak de
The Dow Is a Terrible Index. But It Is Telling Us Something Important
By James Mackintosh The Dow Jones Industrial Average is a relic. It is also having its worst period of underperformance of the S&P 500 since the dot-com bubble, and before that, the soaring inflation
Why the Dow Keeps Outperforming the S&P 500 This Month
The Dow Jones Industrial Average has closed higher every day in May, beating out the S&P 500 for a rare stretch. How the Dow is constructed is finally helping -- rather than hurting -- its relative performance.
Markets Rise Alongside Jobless Claims | Wall Street Today
The Dow Jones gained more than 300 points Thursday afternoon and the S&P 500 and the Nasdaq rose as well as markets cheered a rate-cut-friendly jobless-claims report.
Express News | SOUN Q1 Loss 11C/share vs. 9c Est, Rev. $11.6m vs. $10m Est.
Dow Jones Industrial Average Finishes Up 300+ Points Thursday, S&P and Nasdaq Also Up
Dow Jones Industrial Average Gains 300+ Points, S&P and Nasdaq Also Rise
Fed's Mary Daly Sees 'a Really Healthy Labor Market'
San Francisco Fed President Mary Daly believes the U.S. economy is normalizing, and that includes the labor market. But it's far from weak.