CategoryU.S. Market News

Unique coverage of U.S. Markets, with a special focus on the Dow Jones Industrial Average with related financial reports.

Tesla Stock Mysteriously Jumps after Elon Musk Tweets to 'Delete Twitter'

Elon Musk, Tesla, Tesla stock

By CCN Markets: Skepticism was the response on Monday as news spread that Elon Musk had deleted his Twitter account. The problem is the account of the Tesla and SpaceX CEO still appeared active some 18 hours later. On CNBC’s Fast Money Monday, analysts discussed Musk’s move possibly being the result of market forces rather than Musk’s own decision. As you know, Musk has gotten into some serious...

Dow Ignores Trump’s Threat to Slam China With Double Tariffs

Dow Jones, Donald Trump

By CCN Markets: The Dow Jones Industrial Average traded flat on Monday, despite ominous trade warnings from the White House over the weekend. In an interview with ABC News on Sunday night, Trump said he was ready to go all in on tariffs in a bid to twist China’s arm. The president threatened to double the value of Chinese goods subject to tariffs from $250 billion to over half-a-trillion. “We...

Trump Predicts Unprecedented Stock Market Crash If He Loses in 2020

Donald Trump

By CCN Markets: Rallying supporters to "Keep America Great," Donald Trump raised the stakes of the 2020 election in a tweet. The president said if he's not reelected, "there will be a market crash the likes of which has not been seen before!" If true, based on percentages, that means the stock market would lose 25% of its value after election day. The Trump Economy is setting records, and has a...

Tesla Bull Says Stock Will Rise 133% by This Time Next Year

By CCN Markets: Despite the performance of Tesla's stock this year, there's no shortage of TSLA bulls. Even though the stock has lost around 25% of its market cap year-to-date, Alexander Haissl of Berenberg told CNBC he is looking for a price target of $500. The stock is currently hovering at $214. "We maintain our bullish view on Tesla and see no reason to walk away from our price target of $500...

Feeding Frenzy: Chewy Stock Explodes Amid IPO Market Mania

chewy ipo, stock

By CCN Markets: Friday's Chewy IPO was a feeding frenzy of investor enthusiasm for this summer's latest hot new stock. The IPO is clearly not dead in 2019, despite the brutal debuts of Lyft and Uber, which were all bark and no bite. The tremendous showing of IPOs like CrowdStrike, Fiverr, Beyond Meat, and Chewy show that Wall Street is still hungry for promising new companies with husky business...

Dow Pares Triple-Digit Loss Despite Chip Stock Meltdown

dow jones industrial average

By CCN Markets: The Dow and broader U.S. stock market limped into Friday's close after disappointing financial results from a leading chipmaker highlighted the dangers of a prolonged trade war with China. Dow Pares Losses; Nasdaq Endures Tech Blowback All of Wall Street's major indexes struggled out of the gate Friday, reflecting a weak pre-market for Dow futures. The Dow Jones Industrial Average...

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