LIVE UPDATES Stock Market Today: Dow Falls After Chinese Shares Rally Again Earnings from chip maker Micron are due after the market close Last Updated: Sep. 25, 2024 at 3:34 PM EDT U.S stocks turned weaker Wednesday, erasing some recent gains in the absence of any major new catalyst to keep driving them higher. Blue-chip stocks were having a particularly tough session, with the Dow industrials on track to snap a four-day winning streak. Stocks got a boost last week when the Federal Reserve cut short-term interest rates by half-a-percentage point. Another lift came Tuesday after China’s central bank announced a raft of new stimulus measures. But no such help arrived Wednesday, and all three major indexes were flirting with declines. In recent trading The Dow was firmly in the red, the S&P 500 was slightly lower, and the Nasdaq Composite was hovering around the flatline. Both the Dow and the S&P 500 closed at new record highs on Tuesday. Amgen shares fell, weighing on the Dow, after analysts were underwhelmed by the results of a late-stage study of a drug that would treat a type of eczema. Treasury yields rose, after the 10-year yield settled Tuesday at 3.736%. New home sales fell less than expected in August, according to the Census Bureau. Sales of single-family houses fell to a seasonally-adjusted annual rate of 716,000. Chinese shares extended their rally after China’s central bank delivered another policy rate cut. The Shanghai Composite finished up 1.2%. —By Sam Goldfarb and Caitlin McCabe
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Stocks moved higher last week, continuing to build on the momentum generated after the Federal Reserve decided to cut short-term rates by 0.50 percent. The Standard & Poor’s 500 Index gained 0.59 percent, while the Nasdaq Composite rose 0.95 percent. The Dow Jones Industrial Average added 0.62 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, gained an eye-catching 3.53 percent.
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https://lnkd.in/g45z5vpE US stocks bounced back Friday as investors digested key inflation data that showed a deceleration in price increases during the month of November. The tech-heavy Nasdaq Composite (^IXIC) gained 1%. The Dow Jones Industrial Average (^DJI) added 1.2%, while the S&P 500 (^GSPC) rose 1.1%. But the rebound wasn't enough to overcome losses earlier in the week. All three major gauges finished the week lower. The Nasdaq gave up 1.8% while the Dow and the S&P both shed around 2%. Stocks responded favorably to the release of the latest reading of the core Personal Consumption Expenditures (PCE) index. The data showed price increases decelerated in November on a monthly basis and came in below economists' estimates. A Fed-induced sell-off earlier in the week left the major averages reeling as the central bank projected fewer rate cuts for 2025 than it had previously forecast. And although stocks mostly stabilized on Thursday, the threat of a government shutdown, coupled with more Trump tariff threats on Europe, pressured global markets across the board early in Friday's session. Stock Market – United States – December 20, 2024 - https://lnkd.in/gsXiBdaW Stock Market – Canada – December 20, 2024 - https://lnkd.in/g9e5Qbry Australia stock market closes the week - https://lnkd.in/gZZTzRFZ S&P Global Dow Jones Nasdaq
Stock market today: Dow, S&P 500, Nasdaq rebound on fresh inflation data to cap volatile week
finance.yahoo.com
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U.S. stocks closed broadly higher as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks. The S&P 500 rose 0.3% Monday. The Dow Jones Industrial Average gained 0.6%, and the Nasdaq composite rose 0.3% to approach its all-time high set …
Stock market today: Wall Street climbs ahead of a big week for Big Tech as oil drops 6% - The Associated Press
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Market Daily Updates 20240718: Not a good day! Especially for pizza. The Dow Jones Industrial Average dropped over 500 points, ending a six-day winning streak, amid a broad decline in U.S. stocks. The Dow fell 533 points (1.3%) to 40,665.02, the S&P 500 decreased by 0.8%, and the Nasdaq Composite fell 0.7%. The Russell 2000 index - a.k.a, the small caps index - also fell 1.8% after reaching a multiyear high earlier this week. The selloff affected nearly all sectors, with only one of the S&P 500's 11 sectors and three of the Dow's 30 stocks finishing higher. The semiconductor sector saw mixed results: Taiwan Semiconductor Manufacturing Company (TSMC) rose 0.4%, Nvidia increased by 2.6%, while Advanced Micro Devices dropped 2.3%. Domino’s Pizza shares fell 14% due to fewer anticipated new locations, and Beyond Meat shares declined 10% amid restructuring talks. Blackstone's stock rose 1.2% despite lower earnings. Energy stocks were the sole S&P 500 sector to gain, with Chevron rising 0.5%. Weekly jobless claims rose to 243,000, surpassing expectations. 10YR UST yield increased to 4.188%. In Europe, stocks were mixed and the euro weakened as the European Central Bank left interest rates unchanged but signaled potential future cuts.
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In a Thanksgiving shortened week, stocks continued their post-election rally with the S&P 500 rising 1.06% to 6,032.38 - the 53rd record close achieved by the index this year. Despite pre-election investor angst, equities then achieved a remarkable run up in November with the S&P 500 advancing by 5.7%, while stronger gains were registered by the NASDAQ Composite (up 6.2%) and Dow Jones Industrials (surged 7.5%) as market participation broadened. Read more in the #WeeklyResearchSummary from Davenport Equity Research. https://bit.ly/4f67hrO
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Sensex Today | Stock Market Live Updates: US stocks ended higher US stocks were higher on Wednesday, with the Dow leading gains and the S&P 500 setting a closing record, paced drugmaker Merck, while investors looked towards the next piece of inflation data and Federal Reserve commentary for signals on the rate path. •Dow Jones Industrial Average rose 1.22% •S&P 500 gained 0.86% •Nasdaq Composite gained 0.51%
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In a Thanksgiving shortened week, stocks continued their post-election rally with the S&P 500 rising 1.06% to 6,032.38 - the 53rd record close achieved by the index this year. Despite pre-election investor angst, equities then achieved a remarkable run up in November with the S&P 500 advancing by 5.7%, while stronger gains were registered by the NASDAQ Composite (up 6.2%) and Dow Jones Industrials (surged 7.5%) as market participation broadened. Read more in the #WeeklyResearchSummary from Davenport Equity Research. https://bit.ly/41id8H4
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In a Thanksgiving shortened week, stocks continued their post-election rally with the S&P 500 rising 1.06% to 6,032.38 - the 53rd record close achieved by the index this year. Despite pre-election investor angst, equities then achieved a remarkable run up in November with the S&P 500 advancing by 5.7%, while stronger gains were registered by the NASDAQ Composite (up 6.2%) and Dow Jones Industrials (surged 7.5%) as market participation broadened. Read more in the #WeeklyResearchSummary from Davenport Equity Research. https://bit.ly/4fVsENq
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In a Thanksgiving shortened week, stocks continued their post-election rally with the S&P 500 rising 1.06% to 6,032.38 - the 53rd record close achieved by the index this year. Despite pre-election investor angst, equities then achieved a remarkable run up in November with the S&P 500 advancing by 5.7%, while stronger gains were registered by the NASDAQ Composite (up 6.2%) and Dow Jones Industrials (surged 7.5%) as market participation broadened. Read more in the #WeeklyResearchSummary from Davenport Equity Research. https://bit.ly/4fUzOBx
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In a Thanksgiving shortened week, stocks continued their post-election rally with the S&P 500 rising 1.06% to 6,032.38 - the 53rd record close achieved by the index this year. Despite pre-election investor angst, equities then achieved a remarkable run up in November with the S&P 500 advancing by 5.7%, while stronger gains were registered by the NASDAQ Composite (up 6.2%) and Dow Jones Industrials (surged 7.5%) as market participation broadened. Read more in the #WeeklyResearchSummary from Davenport Equity Research. https://bit.ly/4fXadrY
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