Tag: #DOW
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Stock Markets Fuelled by Vaccine & Stimulus Optimism
Stock markets are fuelled by vaccine and stimulus optimism.
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Stocks & Oil Prices Rocket on Coronavirus Vaccine Hope
Stocks and oil prices have rocketed on the hope of a coronavirus vaccine hope.
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Stock markets retreat as nervous investors pocket week’s gains
New York, March 28 (AFP/APP): Stock markets on both sides of the Atlantic retreated Friday as investors banked profits from the week’s rally sparked by massive government and central bank action to protect economies from the coronavirus. “Today’s selling off is most probably a consequence of three days of strong gains and a paring of…
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Dow falls again to end Wall Street’s worst week since 2008
New York, March 21 (AFP/APP): Wall Street stocks plunged again on Friday bringing the market’s worst week since 2008 to a grim conclusion, as the worsening coronavirus pandemic hammers the economy. After a volatile session which saw stocks spend part of the day in positive territory, the Dow Jones Industrial Average lost 4.6 percent, or…
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US to spend $50 billion, buy oil amid virus economic pain
Washington, March 14 (AFP/APP): With the economy reeling, US President Donald Trump on Friday declared a national emergency to stem the damage from the coronavirus, unlocking $50 billion in federal spending while also unveiling plans to stockpile oil and waive interest payments on student loans. Hours later, House Democratic leader Nancy Pelosi announced she reached…
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Dow, S&P 500 end at records as US and China sign long-awaited deal
New York, Jan 16 (AFP/APP): Major Wall Street stock indices edged to fresh records on Wednesday while European and Asian markets mostly retreated as the United States and China signed a long-anticipated trade agreement. Both the Dow and S&P 500 finished at all-time highs, while the Nasdaq ended barely positive. Analysts increasingly question whether valuations…
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Nasdaq ends above 9,000 for 1st time, Dow also hits record
New York, Dec 27 (AFP/APP): The tech-rich Nasdaq finished above 9,000 for the first time on Thursday, powering to its 10th straight record on gains by Amazon and other tech giants. The Nasdaq surged 0.8 percent to finish the post-holiday session at 9,022.39. The other two major indices also finished at records in a sleepy…
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US stocks end at records again, new CEO lifts Boeing
New York, Dec 24 (AFP/APP): Wall Street stocks finished at records again Monday, with an executive shakeup at Boeing lifting the Dow, as a holiday-shortened week opened with a flourish. The Dow Jones Industrial Average climbed 0.3 percent to finish the last full session before Christmas at 28,551.53. The broad-based S&P 500 gained 0.1 percent…
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Dow edges to another record on trade optimism
New York, Nov 6 (AFP/APP): Wall Street stocks paused Tuesday in record range on rising hopes over US-China trade talks as US services sector data topped expectations. The Dow mustered a narrow record for a second day in a row, while the S&P 500 fell slightly and the Nasdaq was flat. Hopes that the United…
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Global sell-off accelerates on weak US data
London, Oct 2 (AFP/APP):Stock markets were sharply lower Wednesday after worse-than-expected US data revived worries about the impact of the trade war on the global economy. Asian markets were weaker overnight and Europe tumbled, with London shedding more than 2.4 percent as investors took flight on news that US manufacturing activity fell to its lowest…