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Keyword: dow

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  • Dow drops 120 points as Senate plan would delay tax cut until 2019

    11/09/2017 12:56:15 PM PST · by SeekAndFind · 86 replies
    CNBC ^ | 11/09/2017 | Fred Imbert and Alexandra Gibbsl
    U.S. equities fell sharply on Thursday, pulling back from record highs, on worries that tax reform could be delayed until 2019. A proposed plan by Senate Republicans would push tax reform back to 2019, CNBC has learned through a source. The move contrasts with a bill working its way through the House. The Washington Post first reported the news. "That's what gave us this new leg down," said Art Cashin, director of floor operations at UBS, on CNBC's "Squawk Alley." Expectations for tax reform have increased recently, helping lift the stock market to all-time highs. The major indexes had recovered...
  • Dow futures up more than 100 points as fears ease over Hurricane Irma, North Korea

    09/11/2017 2:22:30 AM PDT · by abb · 8 replies
    MarketWatch.com ^ | September 11, 2017 | Barbara Kollmeyer
    U.S. stock futures shot higher on Monday, as Hurricane Irma hit Florida with less force than expected, while an easing of North Korea tension also boosted appetite for riskier assets such as equities. Dow Jones Industrial Average futures YMZ7, +0.56% jumped 113 points, or 0.5%, to 21,893, while S&P 500 futures ESZ7, +0.53% rose 12 points, or 0.5%, to 2,473. Nasdaq-100 futures NQZ7, +0.73% gained 32.75 points, or 0.6%, to 5,958. Forecast to be downgraded to a tropical storm on Monday, Hurricane Irma was expected to keep pushing across Florida and make its way into Georgia. Irma has left at...
  • Beneath the glow of stock-market records, darkly bearish trends are lurking

    08/07/2017 10:20:26 AM PDT · by BenLurkin · 13 replies
    market watch ^ | Aug 7, 2017 8:07 a.m. ET | Ryan Vlastelica
    Market breadth, a measure of how many stocks are rising versus the number that are dropping, has turned “exceedingly negative,” according to Brad Lamensdorf, a portfolio manager at Ranger Alternative Management. Lamensdorf writes the Lamensdorf Market Timing Report newsletter and runs the AdvisorShares Ranger Equity Bear ETF HDGE, -0.64% an exchange-traded fund that “shorts” stocks, or bets that they will fall. “As the indexes continue to produce a series of higher highs, subsurface conditions are painting an entirely different picture,” Lamensdorf wrote in the latest edition of the newsletter. He noted that the year-to-date advance in equities — the S&P...
  • Waiting For Never

    08/03/2017 5:25:10 AM PDT · by NOBO2012 · 10 replies
    MOTUS A.D. ^ | 8-3-17 | MOTUS
    Remember Paul Krugman’s prognostication on election night, when it became apparent even to the New York Times that Donald Trump had won? “If the question is when markets will recover, a first-pass answer is never.” Rain! Dammit!!Two days later the Dow hit an all time high and 2 weeks later it hit 19K. In January it hit  20K, and in March, 21K. As of yesterday it had marched all the way to another all time high of 22K.Paul Krugman, New York Times ‘economist’, was last seen praying for another market crash. Still waiting, and praying, for “never” to arrive.It might...
  • Cartoonist Gary Varvel: Trump's accomplishments

    08/02/2017 2:42:07 PM PDT · by EveningStar · 9 replies
    The Indianapolis Star | August 1, 2017 | Gary Varvel
    Links only, per agreement with Gannett Trump's accomplishments Gary Varvel's Wall Street cartoons
  • Vanity - DOW, 22,000+...Thanks POTUS, Trump. Democrat/Republican Establishment does zilch!!!

    08/02/2017 6:47:34 AM PDT · by JLAGRAYFOX · 24 replies
    Well, well, new record, DOW Jones hits 22,000+. Thanks, POTUS, DJT. Democrat & Republican Establishment, no thanks to you "Hate America" deadbeats whatsoever. Millions of Americans with positive return IRAS, etc., cheering our POTUS, Trump today and every day!!! End of story!!!
  • The Largest Loan in Ex-Im History Is Covered in the Clintons’ Fingerprints

    07/13/2015 8:40:02 AM PDT · by afraidfortherepublic · 10 replies
    The National Review ^ | 7-13-15 | Brendon Bordelon
    Few in the odd coalition of Left and Right pushing for reauthorization of the 81-year-old Export-Import Bank have been louder than Democratic presidential candidate Hillary Clinton. “It’s wrong that candidates for president, who really should know better, are jumping on this bandwagon,” she said at a May 22 campaign stop in New Hampshire. “It’s wrong, it’s embarrassing. . . . The idea that we would remove this relatively small but vital source of funding for our businesses to compete is absolutely backwards.” Clinton’s defense of Ex-Im may be motivated by more than mere concern for American businesses. Critics have argued...
  • Judicial Watch: New Abedin Emails Reveal Top Clinton Foundation Executive Doug Band Sought Diplomati

    09/07/2016 6:58:47 PM PDT · by TakebackGOP · 40 replies
    Judicial Watch ^ | 9/1/2016
    "The Abedin emails include a mid-August 2009, email exchange in which Band urges Abedin to follow up on a request from Newsmax CEO Chris Ruddy to set up a meeting with then-Ambassador to Panama Barbara Stephenson on behalf of lobbyist Amb. Otto Reich, President Reagan’s ambassador to Venezuela who maintained high-level government positions during the tenure of both President George H.W. Bush and President George Bush. In early September, Ruddy then was contacted by State Department Deputy Assistant Secretary for the Bureau of Western Hemisphere Affairs, Roberta S. Jacobson, at the behest of Band and Abedin, in reference to Ruddy’s...
  • DOWS SETS NEW RECORD as President Trump Announces US Withdrawal from Paris Climate Accord

    06/01/2017 3:01:50 PM PDT · by davikkm · 32 replies
    The White House audience today broke out in applause when President Trump announced the United States was withdrawing from the Paris Climate Accord. What a wonderful day for the American worker! The Dow Jones Industrial closed at a record high on the news today.
  • Dow’s rally from election through Trump’s first 100 days is a postwar record

    04/29/2017 2:02:32 PM PDT · by John W · 3 replies
    marketwatch.com ^ | April 29, 2017 | Mark DeCambre
    As President Donald Trump hits his 100th day in office Saturday, the Dow Jones Industrial Average has booked the best performance in the postwar era under a first-term president when measured from Election Day through the 100th day in office, according to Dow Jones data. The Dow DJIA, -0.19% has rallied 14.22% since Trump’s stunning Nov. 8 election victory over Democratic rival Hillary Clinton after a campaign promising a raft of Wall Street–friendly policies, including tax cuts, deregulation and a boost in infrastructure spending. (The S&P 500 index SPX, -0.19% has gained about 11.6% over that period, while the Nasdaq...
  • Investors Love Trump, Pushing Dow Over 21,000 Points for First Time

    03/01/2017 2:20:07 PM PST · by Enlightened1 · 15 replies
    Breitbart ^ | 03/01/17 | Breitbart News
    Investors reacted positively from President Donald Trump’s Tuesday night address to Congress, pushing the Dow Jones industrial average above 21,000 points Wednesday for the first time in its history. Banks, financial institutions, companies in the energy and materials sector saw huge gains as Trump reaffirmed during his speech his plans to cut taxes and push for other business-friendly policies. The Dow jumped 242 points, or 1.2 percent, to 21,055 as of 10:07 a.m. Eastern Time. The Standard & Poor’s 500 index gained 24 points, or 1 percent, to 2,387. The Nasdaq composite index added 59 points, or 1 percent, to...
  • Dow at all time high, breaks above 21,000 as stocks hit all-time highs after Trump's speech

    03/01/2017 7:04:54 AM PST · by SeekAndFind · 33 replies
    MSN ^ | 03/01/2017 | Fred Imbert
    <p>U.S. equities kicked off Wednesday trading sharply higher, with the Dow Jones industrial average climbing above 21,000 for the first time, on the back of President Donald Trump's speech to Congress.</p> <p>Trump's speech, which was delivered Tuesday night, was widely praised for its positive tone but lacked specifics about tax reform and deregulation, two key components of the market's postelection rally.</p>
  • TRUMP RALLY: DOW JONES Breaks All-Time Record – Breaking Reagan’s 1987 Streak

    02/24/2017 5:59:11 PM PST · by davikkm · 10 replies
    UDDATE— DOW JONES BREAKS STOCK RECORD— 11th straight closing where the DOW reached an all time high ** 16th consecutive day where the DOW reached an all time high (when including weekends and holidays) More than Half a Month of All Time HIghs! Dow up 11.44 Points! The Dow Jones Industrial Average (DOW) hit another record new high on Friday! It was the 11th straight daily market close where the DOW set a new stock market high. This incredible rally started back on February 9th.
  • Dow Chemical CEO: 'This Is Probably the Most Pro-Business Administration Since the Founding Fathers'

    02/23/2017 4:45:32 PM PST · by ForYourChildren · 26 replies
    CNS News ^ | 02/23/2017 | Melanie Arter
    Dow Chemical CEO Andrew Liveris, one of 24 CEOs of the nation's largest manufacturing companies who met with President Donald Trump at the White House on Thursday, said they were "encouraged by the pro-business policies" of the administration, adding that "this is probably the most pro-business administration since the Founding Fathers." "We in the manufacturing sector…are very encouraged by the pro-business policies of President Trump and his cabinet. Some of us have said that this is probably the most pro-business administration since the Founding Fathers. There is no question that the language of business is occurring here at the White...
  • DOW Set to Break All-Time Record Today – Breaking Reagan’s Record!

    02/24/2017 6:19:50 AM PST · by Enlightened1 · 22 replies
    GP ^ | 02/24/17 | Jim Hoft
    The Dow Jones Industrial Average (DOW) hit another record new high on Thursday! It was the 10th straight daily market close where the DOW set a new stock market high. This incredible rally started back on February 9th. In the history of the DOW, going back to January 1901, the DOW record for most continuous closing high trading days was set in January of 1987 when Ronald Reagan was President. The DOW set closing highs an amazing 12 times in a row that month. Only two other times has the DOW reached 10 days in a row of closing highs...
  • ‘Trump Bump’ for Dow Industrials Is Biggest Post-Inaugural Move Since FDR

    02/21/2017 8:06:12 AM PST · by Enlightened1 · 8 replies
    WSJ ^ | 02/21/17 | BEN EISEN
    Given that continued rise in the stock market, it’s no wonder that Mr. Trump wants to take credit for it. Investor and traders say that the gains reflect hopes that Mr. Trump will enact business-friendly policies like lower corporate taxes, looser regulations and infrastructure spending. As many are quick to point out, if Mr. Trump takes credit for the stock market rally, he also must take credit for any reversal. And many are worried that market is getting ahead of itself as valuations rise even without full clarity on the administration’s policy priorities, setting stocks up for a resurgence in...
  • CNN Gives Dow Jones Industrial Average 20K Milestone Two Mentions - MSNBC 8, Fox News 14

    01/27/2017 4:12:51 AM PST · by davikkm · 13 replies
    Shortly after the markets opened on Wednesday, the Dow Jones Industrial Average (DJIA) topped the 20,000 market for the first time ever and would finish the day in positive territory at 20,068.51. Normally this would be considered a major news story and would be cause for a sizable amount of press coverage on the three major cable news channels — Fox News, MSNBC and CNN. That news, however, did not get much attention on CNN. According to a search on TVEyes, which is a media monitoring service that describes itself as a “search engine for broadcast,” for the term “Dow,”...
  • Dow 19,000 is no cause for celebration

    11/22/2016 6:48:36 PM PST · by Rabin · 14 replies
    Marketwatch ^ | Nov 22, 2016 | Chuck Jaffe, (opine)
    The Dow is the Kardashian of indexes — a celebrity benchmark, famous because it’s known rather than because of what it does. Every round number on the index hits the news cycle hard, largely because there is so little real news out there. In early November, nine straight down days on the S&P 500 the first nine-day losing streak in 36 years — as if that was somehow meaningful. Tuesday’s headlines included a 13-day winning streak for the Russell 2000, its longest win streak in more than 20 years. The Russell benchmark gained roughly 15% during that stretch — an...
  • Paul Krugman’s ‘Global Recession’ Prediction Lasted as Long as He Was Asleep

    11/10/2016 8:20:46 AM PST · by Beave Meister · 6 replies
    The National Review ^ | 11/9/2016 | PAUL CROOKSTON
    Paul Krugman has already had to walk back his prediction of a global recession following Donald Trump’s presidential victory last night. His initial post on the New York Times’ website was confidently apocalyptic about the prospects of Donald Trump plunging the world into a depression: “If the question is when markets will recover, a first-pass answer is never.” He concluded by saying, “So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.” Markets rebounded in...
  • RED ALERT — Get ready for a 'severe fall' in the stock market, HSBC says

    10/12/2016 6:49:29 PM PDT · by Enlightened1 · 49 replies
    Business Insider ^ | 10/12/16 | Bob Bryan
    HSBC's technical-analysis team has thrown up the ultimate warning signal. In a note to clients released Wednesday, Murray Gunn, the head of technical analysis for HSBC, said he had become on "RED ALERT" for an imminent sell-off in stocks given the price action over the past few weeks. Gunn uses a type of technical analysis called the Elliott Wave Principle, which tracks alternating patterns in the stock market to discern investors' behavior and possible next moves. In late September, Gunn said the stock market's moves looked eerily similar to those just before the 1987 stock market crash. Citi's Tom Fitzpatrick...