Dow’s Absurd Rally Intensifies as Markets Flip Script on Toxic Data

2019-6-7 21:55

By CCN: The Dow and broader U. S. stock market extended their relief rally to a fourth day on Thursday after dismal jobs data bolstered expectations that the Federal Reserve will slash interest rates this summer.

Dow Extends Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes continued higher on Friday, mirroring a strong pre-market for Dow futures. As of 2:53 pm ET, the Dow Jones Industrial Average had surged 299. 34 points, or 1. 16%, to 26,020 The blue-chip index has recovered more than 1,000 points this week. The broad S&P 500 Index of large-cap stocks rallied 32. 99 points or

The post Dow’s Absurd Rally Intensifies as Markets Flip Script on Toxic Data appeared first on CCN

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dow rally data points 500 intensifies script

Источник: ccn.com

dow rally → Результатов: 73


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


Dow Rally Regains Momentum Ahead of U.S.-China Trade Talks

The Dow and wider U. S. stock market finished strong on Tuesday, as investors shifted their focus to a fresh round of China trade negotiations set to begin later in the week. The sensitivity of the upcoming negotiations didn’t prevent the United States from sailing two ships through the Taiwan Strait this weekend, in an operation that the Trump administration says will become more routine moving forward.

2019-3-27 22:14


Dow Stuck in No Man’s Land as Trump Scrambles to Strike China Trade Deal

The Dow and broader U. S. stock market trended lower on Wednesday, as President Donald Trump set his sights on a comprehensive trade agreement with China. At this stage, a China trade deal is the only thing that can help save the current two-month rally for stocks Dow Trades Lower; S&P 500 and Nasdaq Follow Wall Street’s major indexes opened slightly higher on Wednesday but quickly reversed course, mirroring a choppy trading session for Dow futures.

2019-3-6 19:47


Dow Trapped in Limbo as Investors Fear US Stocks are Too Expensive

The Dow and broader U. S. stock market weakened on Tuesday, as overvaluation risks kept the major indexes subdued following a sharp correction at the start of the week. Dow, S&P 500 Fail to Rally as Valuation Risks Linger A lack of positive momentum kept the major indexes subdued on Tuesday, with the Dow Jones Industrial Average edging down 10 points, or 0.

2019-3-5 19:37


2019 Dow Recovery ‘Nothing More Than a Bear Market Rally’

The Dow Jones Industrial Average and wider US stock market have made extraordinary recoveries in 2019, but several equities analysts warn that stocks remain firmly in a bear market. Stock Market Recoveries Following Sell-Offs Are Head Fakes A former adviser to the president of the Dallas Federal Reserve, Danielle DiMartino Booth, wrote in a Bloomberg op-ed that the Dow’s push past 26,000 from its late December low is just a “head fake.

2019-2-26 01:17


TD Ameritrade Says US Stock Market Stability is Luring Investors, But Here’s Why the Dow Might Not Bounce Back

Throughout the past two weeks, analysts have generally attributed the recovery of Dow Jones to technical factors, expressing skepticism toward the sustainability of the U. S. stock market rally. This week, Shawn Cruz, a trader strategy manager at $30 billion brokerage giant TD Ameritrade, said that the sentiment in the U.

2019-2-12 23:10


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