Dow Surges After Weak US Data Keeps ‘Easing Cycle’ Dreams Alive

2019-8-2 20:18

The Dow Jones Industrial Average soared 256. 14 points (0. 95%) on Thursday as weak US manufacturing data prompted stock market bulls to reassess the Federal Reserve’s seemingly-hawkish outlook on interest rates.

While the initial reaction to yesterday’s rate cut was bearish for the Dow, today’s weak domestic data appears to have convinced investors that the Powell-run […]

The post Dow Surges After Weak US Data Keeps ‘Easing Cycle’ Dreams Alive appeared first on CCN Markets

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Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

  By CCN Markets: The Dow and broader U. S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session and mirroring a slow morning for Dow futures.

2019-6-13 22:19


Analyst: World ‘Preparing’ for the Worst – Is the Dow Rally Doomed?

Following a weak opening, the Dow Jones slipped by 0. 33 percent to 26,172 on Tuesday, maintaining the 26,000-point level but disappointing investors after a strong week of gains. Despite the optimism of investors surrounding the Federal Reserve’s reluctance towards increasing its benchmark interest rate, strategists are not convinced that the Dow is ready for a full-fledged rally.

2019-4-2 19:47