U.S. stocks ended slightly higher on Monday and the Dow hit a record high close for a 12th straight session as President Donald Trump said he would make a “big” infrastructure statement on Tuesday. The Dow Jones Industrial Average rose 16.09 points, or 0.08 percent, to 20,837.85, the S&P 500 gained 2.38 points, or 0.10 percent, to 2,369.72 and the Nasdaq Composite added 16.59 points, or 0.28 percent, to 5,861.90.
Category: The Dow Company
Trump, Yellen Nor Putin Can Spook U.S. Investors
It seems as if U.S. stock investors are afraid of absolutely nothing. Not even a Russian submarine floating off the coast of Connecticut, nor a pugnacious president who lambasted and mocked the media during a chaotic press conference or a Fed Chair that talked candidly about a slow-growing U.S. economy.
Dow Holds Above 20,000 as Investors Focus on Earnings
The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, while losses in tech stocks weighed on the S&P 500 and the Nasdaq Composite indexes. Qualcomm fell 5.1 percent to $54.04 after the chipmaker reported a lower-than-expected rise in quarterly revenue.
Why the Dow Jones hitting 20,000 is meaningless
Trader Peter Tuchman, on the floor of the New York Stock Exchange , wears a cap in anticipation of the Dow Jones Industrial Average reaching the 20,000-point mark. Host of On The Money on CBC News Network and economics reporter for CBC news.
Bank Earnings Boost S&P and Nasdaq, Retailers Weigh on Dow
The S&P 500 and Nasdaq were higher in late morning trading on Friday as strong earnings from large U.S. lenders bode well for the rest of the earnings season. The Dow’s gains were comparatively lesser, held back by a drop in consumer stocks after a report showed U.S. retail sales and core retail sales increased less than expected in December.
Wall St Set to End 2016 With a Whimper
U.S. stocks fell on the last trading day of 2016, eating into gains for the year, following a decline in technology stocks. The S&P 500 technology sector’s 0.7 percent fall put the broader index on track for its third straight day of losses – the longest losing streak since Nov. 4. The Dow Jones Industrial Average, which came within 13 points of breaching the 20,000 level last week, is now more than 200 points away from the milestone.
Stocks End the Week on a Positive Note
Wall Street ended the week on a positive note on Friday as investors doubled down on a rally fueled by optimism that President-elect Donald Trump’s policies will boost economic growth. The Dow Jones Industrial Average, which briefly came within striking distance of the historic 20,000 level earlier this week, recorded its seventh straight weekly gain.
Stocks Rally, Notch 3% Gains for the Week
The benchmark S&P 500 registered a record high for the third straight session, while the Dow and Nasdaq also hit new highs. The Dow recorded a fifth straight week of gains.