Many economic prognosticators and Wall Street stock pickers have made it clear where they stand on inflation and the Federal Reserve policy response: the economy and markets will get worse…
Tag: Dow
Dow dives 800 points, S&P 500 posts worst week since January after inflation hits 40-year high
Stocks dropped sharply on Friday after a highly anticipated inflation report showed a faster-than-expected rise in prices and consumer sentiment hit a record low. The Dow Jones Industrial Average shed…
Stocks book fresh round of records, Dow ends 1.5{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} shy of all-time high, on hopes of COVID treatments, cures
MARKET SNAPSHOT © Getty Images The U.S. equity benchmark indexes closed in record territory Wednesday, as investors drew hope from progress in the development of tests and vaccines for COVID-19.…
Proving “a different world is possible,” ExxonMobil dropped From Dow Jones after 92-year run
Activists rally against ExxonMobil during the Global Climate March in Washington, D.C., on November 29, 2017. Johnny Silvercloud/Flickr Climate campaigners on Tuesday marked a major milestone in the fight to…
Dow Jumps 150 Points After Federal Reserve Announces New Approach To Inflation
TOPLINE The stock market finished higher on Thursday, despite another 1 million Americans filing for weekly unemployment, as the Federal Reserve unveiled a new inflation policy that will keep interest…
Salesforce’s 30{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} stock rally this week is a possible ‘nightmare’ scenario for the Dow committee
As part of a shake-up in the stocks comprising the Dow Jones Industrial Average announced earlier this week, Salesforce.com Inc. was among a trio of companies included in the venerable…