The Dow suffered a massive setback on Wednesday after two of its bellwether stocks published grisly earnings reports that raised questions about the health of the market. Dow Stumbles After 177 Point Rally The US stock market stumbled at the opening, thrusting all three major indices toward moderate declines. The Dow Jones Industrial Average fell 122.02 points or 0.45%, taking a bite out of...
The Dow teetered toward a loss on Wednesday after President Trump exposed a lack of confidence in the state of trade negotiations with China. Trump’s unexpected remarks overwhelmed DJIA components with substantial ties to the world’s second-largest economy. Dow Slumps, Market Fails to Regain All-Time Highs The US stock market failed to regain its all-time highs midway through the morning session...
The Dow Jones Industrial Average continues to slaughter all challengers, swatting away trade war concerns, recession alarms, and Trump administration turmoil as if they were flies on a window. However, Deutsche Bank warns that one key index component threatens to cripple the stock market bellwether as it seeks to ascend to new all-time highs. Deutsche Bank Sounds the Alarm on Caterpillar On...