#Dow Jones

Following a sharp fall of stock value in major United States markets during Tuesday's session, Bitcoin accelerated its rally jumping as much as 7% to trade above the 9,500 mark. Meanwhile, its spinoff Bitcoin Cash was sliding over 2%, after a weekly rise of...
Investors sent the main equity indexes in the US slightly higher on Wednesday after Morgan Stanley smashed expectations with its results for the first quarter, while U.S. Bancorp's diluted earnings per share jumped 17% on an annual scale. United Airlines' figures also outperformed expectations.The...
Stock markets are cautiously optimistic this morning as President Trump is confident a deal will be struck between the US and China in relation to trade.The weakness in global equities lately has largely been driven by the fear of a possible trade war, and...
After the FOMC yesterday, the US 30 index initially moved higher to test towards 25000.00 but failed, as it ran into the blue trend line resistance and faded down to a low of 24679.5, which has been taken out this morning. Today’s low is extending to...
The steep losses in U.S. technology stocks were carried into Asian markets today with all major indices tracking Wall Street declines. Facebook made the headlines on Monday as reports over the weekend claimed that data from 50 million users was accessed without their permission....
Dow Jones Industrial Average is one of the oldest indices in the world. It is made up of 30 of the largest firms in the United States. While the index is closely followed, it does not always give a clear picture of the economy....
US equity markets continued their Powell inspired sell off overnight, as risk aversion dominated and investor concerns over a faster pace of tightening at the Fed continued to weigh on Wall Street. The Dow ended the session 380 points lower, whilst the S&P closed...
Thanks to Fed Chair Jerome Powell’s undeniable optimism towards the US economy in the congressional testimony and signalling that the Fed could raise rates more than three times this year; treasury yields moved sharply higher, back above 2.9, the dollar rallied against all major...
After record losses were posted on Wall Street on Monday, US equity indices manged to finish the session higher overnight. The Dow Jones turned an initial 500 plus point loss into a 567-point gain, clawing back around half of the 1,100 points wiped out...
World stock markets nosedived for a fourth day running on Tuesday, having seen $4 trillion wiped off from what just eight days ago had been record high values.Europe's main bourses started down as much as 3 percent, leaving investors with little option but to...
Markets are panicking, and investors are finding few places to hide after the Dow Jones Industrial Average plunged more than 1,500 intraday before closing 1,175 points lower at 4.6% on Monday. The hysterical sell-off showed no signs of letting up in Asia with the...
Talking Points:It is a revenge trade, it’s time for the Bears to take their revenge. The short squeeze happened when the VIX index exploded above the 30 mark. No panic buying for safe haven-gold.We all know one thing which is, that markets usually grind...
US stock markets bounced back following the flash crash on Monday but the Dow still ended the session down 4.6%, having suffered the largest one day points loss ever. The Dow shedded more than 1,500 points at one stage, a large chunk of which occurred in...
Despite seeing a number of global indices hit new record highs in January, with US markets in particular defying gravity on an almost weekly basis, there was some evidence towards the end of the month that momentum was starting to fade.The FTSE100 and the...
It’s been a rollercoaster week for US markets with intraday moves of 300-400 point in a day on the Dow, setting new record highs into the bargain and having seen such a strong rally on Wednesday, we gave some of that back yesterday after failing...
The Dow Jones Industrial Average sailed past the 25,000-mark for the first time on Thursday, while other major indexes rose to new highs after a strong private jobs report added to a bullish sentiment from indications of robust growth in major economies.The ADP National...
Don’t buy Your Dow 23,000 Souvenir Hats Yet The Dow Jones briefly tipped over the 23,000 mark, the first time this has every happened since the founding of the index. Although the Dow closed slightly below the historic high, it did continue its sequence of...
European equity markets are in the red again as the ongoing political uncertainty in relation to North Korea keeps traders on edge.Investors aren’t running scared, but they are a touch on the nervous side, and while the situation keeps rumbling on, dealers could be reluctant to start a...
Despite the S&P 500 and Dow Jones industrial average hitting record highs on Monday, the news barely made headlines. I think this could be explained by the scale of the moves. The Dow has traded higher for ten consecutive days, but none of these...
The Dow Jones Industrial Average recently crossed the mythical 22,000 mark in open defiance of potential monetary tightening coming from the U.S. Federal Reserve. As many of you may know, there is a direct negative correlation between interest rates and equity prices so it’s...
The Dow Jones and the S&P 500 finished broadly flat after theFederal Reserve released the minutes from the June meeting.The report showed that some members of the Fed are worried about keeping the monetary policy too loose for too long.They feel that if interest...
Wall Street slipped at the open on Tuesday as a selloff in technology shares continued, while investors awaited clues on interest rate hikes from Federal Reserve Chair Janet Yellen's talk in London.The Dow Jones Industrial Average fell 13.14 points, or 0.06 percent, to 21,396.41....
The US dollar and the US yields improved on Federal Reserve (Fed) member Dudley’s optimistic view of the US economy. William Dudley, who is known as a dovish Fed member, said that the strength in the US labour market should translate into higher wages...
U.S. stock index futures were little changed on Wednesday as investors were wary of making big bets ahead of major political and economic events expected on Thursday.General election in Britain, the European Central Bank's policy meeting and former FBI Director James Comey's testimony before...
U.S. stock index futures were little changed on Friday, coming off six straight days of gains and ahead of data that is likely to show the economy grew slightly more than previously thought in the first quarter.A second reading on the gross domestic product...
U.S. stock index futures were higher on Thursday after minutes of the Federal Reserve's latest meeting showed policymakers expected the economy to pick up momentum and that they would raise interest rates soon.But, policymakers agreed they should hold off on raising rates until it...
The US stocks were resuscitated after the White House announced that the US corporate taxes will be cut by 15% as part of Donald Trump’s ‘major’ fiscal plans.According to the latest news, the personal income taxes will also be reduced. More details are due...
U.S. stock index futures were higher on Thursday, with the earnings season getting off to a strong start and oil prices rebounding after steep losses a day earlier.* However, mounting tensions between North Korea and the United States and the looming French presidential elections...
U.S. stock index futures were lower on Tuesday as investors weighed a possible delay in tax reforms, while keeping an eye on quarterly earnings and global politics.* U.S. Treasury Secretary Steven Mnuchin told the Financial Times on Monday that the Trump administration's timetable for...
Markets are calmer today after a steep selloff on Monday driven by concerns that Friday’s decision to cancel voting on Obamacare bill might lead to difficulties to push through other U.S. pro-growth plans. Asian equities are back to green territory, oil prices recovered slightly,...

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