Unique insights and news of the Dow Jones Industrial Average index. We cover major movements in the financial market and give our own take on what’s happening. View the latest Dow Jones price here.
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...
By CCN Markets: The Dow Jones looked dead and buried last week after a devastating 800 point decline, but an end-of-week recovery left the stock market on relatively steady footing heading into the second half of August. For investors, the clear fundamental to watch will be the tone of the Federal Reserve, both in Jerome Powell’s comments at Jackson Hole on August 23rd and the FOMC minutes on...
By CCN Markets: When US Treasury bonds suffered their first main yield inversion since the financial crisis, analysts warned that the stock market had just witnessed an ominous recession signal. The Dow Jones promptly fell 800 points to record its worst day of 2019. But although a main yield curve inversion has heralded every recession for five decades, the contractions have lagged the inversion...
By CCN Markets: The Dow and broader U.S. stock market advanced Friday, as traders looked past an ominous recession warning from the government bond market. Dow Rallies; S&P 500, Nasdaq Follow All of Wall Street's major indexes reported gains Friday, mirroring a strong pre-market for Dow futures. The Dow Jones Industrial Average rallied 266.48 points, or 1%, to 25,845.87. The broad S&P 500...
By CCN Markets: If you were hoping that the Federal Reserve would commission an urgent gathering to discuss the fate of interest rates and save the stock market, you're out of luck. James Bullard, who is at the helm of the Federal Reserve Bank of St. Louis, told Fox Business that an emergency meeting and seemingly any chance of an early rate cut before monetary policymakers meet next month are...
By CCN Markets: The Dow Jones surged higher on Friday, bouncing over 1% in another effort by stock market bulls to buy the recent dip. Donald Trump managed to get the Dow moving again with some typical comments about progress with China, but a weak Consumer Sentiment reading suggests that cracks are starting to show in the US economy. Blissful Relief for a Battered Dow Jones Heading into the...
By CCN Markets: President Donald Trump urged Americans to vote for him in 2020 or face the ugly consequences: The stock market will crash, and the economy could crumble into a recession. Trump made the bold assertions during a raucous rally last night in Manchester, New Hampshire. Speaking to a capacity crowd of 11,000 supporters, Trump made the economic argument for his reelection. “The United...