Unique coverage of U.S. Markets, with a special focus on the Dow Jones Industrial Average with related financial reports.
By CCN Markets: A group of 181 CEOs of publicly held companies trading in the stock market has proclaimed their intent to put the wealth-destroying values of anti-capitalists ahead of shareholders. The Business Roundtable or a PR Stunt? This group of former fiduciary stewards signed a statement produced by The Business Roundtable, a 37-year-old group, that reimagines the idea of a corporation...
By CCN Markets: The S&P 500 is comprised of nearly a dozen sectors, all of which traded in the green today. Leading the charge is skincare stock Estee Lauder, which is a reflection of the strong consumer that continues to keep this economy afloat. The stock is currently hovering at a new 52-week high after Estee Lauder reported stronger-than-expected earnings and provided a sunny outlook for...
By CCN Markets: The Dow and broader U.S. stock market extended their relief rally into the new trading week, as plunging consumer prices in the Eurozone bolstered expectations for a new round of quantitative easing from the European Central Bank (ECB). Dow Vaults Past 26,000; S&P 500, Nasdaq Follow All of Wall Street’s major indexes traded sharply higher Monday, mirroring a strong pre-market...
By CCN Markets: In case there was any doubt, President Trump has made it clear what he believes it will take to jumpstart this economy. He would like to see a 100 basis-point cut in interest rates topped off with a dose of quantitative easing. Wall Street is largely expecting a half-point rate cut. The president might have had a better chance of getting what he wants by using reverse psychology...
By CCN Markets: The Dow Jones bounced again on Monday, as a 250 point rally kept the positive vibes rolling on Wall Street. The rally continued while President Donald Trump took to Twitter in the late morning, urging the Fed to take a meat cleaver to interest rates - and making some uncharacteristically globalist comments in the process. Globalist Trump Boosts Dow Jones Heading into the early...
By CCN Markets: Rising bond yields propelled the Dow Jones toward a spectacular advance on Monday, as the US stock market continued to claw itself out of the cavernous hole it dug for itself earlier in the month. However, one so-called perma-bear claims that the market is still flashing a dangerous warning sign. Dow Races Toward Fabulous Rally All of Wall Street’s major indices secured mammoth...
By CCN Markets: Following the U.S. stock market's wildest week of the year, the Dow Jones and other major indices appear poised to start the week off with a bang. But just days removed from the Dow's worst loss of 2019, why has Wall Street suddenly turned bullish? Three words: central bank policy. Stock Market Eyes Relief Rally While the sentiment around a potential trade deal between the U.S...
By CCN Markets: Dow Jones Industrial Average (DJIA) futures rocketed 300 points in early trading Monday as President Donald Trump sought to allay fears of a recession. Speaking to reporters in New Jersey on Sunday, he said: “I don’t think we’re having a recession… “We’re doing tremendously well. Our consumers are rich. I gave a tremendous tax cut and they’re loaded up with money.” It comes after...