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Keyword: dow10000

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  • This is the 'biggest bubble in the history of mankind and it's going to burst,' Ron Paul says

    07/16/2018 2:18:26 AM PDT · by cba123 · 62 replies
    MSN / CNBC ^ | 4 hours ago | Keris Lehiff
    Look to the stock market and you'd assume Wall Street was doing just fine. The S&P 500 has come back to March highs, the Dow is back to positive for 2018, and the Nasdaq is at fresh records. It's all built on shaky foundations, said longtime market bear and former Republican Congressman Ron Paul. This market is in the "biggest bubble in the history of mankind," and when it bursts, it could cut the stock market in half, he told CNBC's "Futures Now" Thursday. (please see full story at link)
  • Dow drops 700 points as Amazon tumbles, trade war fears rise

    04/02/2018 11:39:59 AM PDT · by SeekAndFind · 88 replies
    Money ^ | 04/02/2018 | Matt Egan
    Trade war fears and a presidential attack on Amazon are rocking Wall Street. The Dow dropped more than 700 points and the Nasdaq plunged 3% on Monday. All three major indexes are now in the red for the year. The sell-off on the first day of the second quarter came after President Trump once again attacked Amazon on Twitter. Amazon (AMZN), one of the biggest drivers of the 2017 market rally, tumbled 5%, wiping out more than $37 billion of its market value. Trump once again accused Amazon of taking advantage of the US Postal Service, and he suggested that...
  • Markets Now: Dow Gains 330 Points on ‘Perfect’ Payrolls Report

    03/09/2018 10:08:35 AM PST · by John W · 11 replies
    Barron’s.com ^ | March 9, 2018 | Ben Levisohn
    The Dow has now gained 326.38 points, or 1.3%, to 25,221.59. And why shouldn't it? No less than Gluskin Sheff's David Rosenberg, who has a reputation as something of a curmudgeon, notes that the increase wasn't just big--the largest since July 2016--but also broad based. Construction payrolls added 61,000 jobs, while the manufacturing sector produced 100,000 jobs, the most since 1998. And even retail added 50,000 jobs, a sign that sector might have finally stopped shrinking, Rosenberg says.has risen 1.2% to 2772.71, and the Nasdaq Composite has climbed 1.3% to 7524.73.
  • Dow plunges more than 650 points as selloff roils markets

    02/02/2018 1:06:28 PM PST · by SeekAndFind · 143 replies
    Chicago Tribune ^ | 02/02/2018 | Jeremy Herron
    The Dow Jones Industrial Average tumbled by more than 650 points in the biggest plunge since Donald Trump’s election, as a rout in the bond market spilled into equities. It plummeted to 25,512, falling 674 points, or 2.6 percent, as the markets finished their worst week in two years. Strong jobs data that increased the likelihood the Federal Reserve will lift rates next month sent bond bulls scurrying and rattled equity investors who haven’t seen a week this bad in two years. The selling accelerated after Dallas Fed President Robert Kaplan suggested more than three hikes may be necessary this...
  • Dow Industrials Top 26000 for First Time

    01/16/2018 6:39:36 AM PST · by Red Badger · 32 replies
    www.wsj.com ^ | 01/16/2018 | By David Hodari
    DJIA crosses 26,000 for the first time Dollar rebounds after three-year low Bitcoin selloff accelerates The Dow Jones Industrial Average crossed 26000 for the first time Tuesday, with U.S. stocks echoing broad-based gains in Europe and Asia-Pacific as they continued their speedy leap higher. The Dow Jones Industrial Average climbed 221 points, or 0.9%, to 26025 shortly after the opening bell. The S&P 500 added 0.5%, and the Nasdaq Composite rose 0.7%. Meanwhile, the dollar rebounded from Monday’s three-year low. Tuesday’s historic rise builds on the Dow’s 25% gain last year and its seemingly unstoppable climb to start 2018. The...
  • Dow closes above 23,000 for first time; IBM soars

    10/18/2017 2:50:43 PM PDT · by Olog-hai · 15 replies
    Reuters ^ | October 18, 2017 7:35 AM | Caroline Valetkevitch
    The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. The Dow hit 22,000 on Aug. 2, only 54 trading days earlier and roughly half the time it took the index to move from 21,000 to 22,000. This marks the fourth time this year the Dow has reached a 1,000-point milestone. […] Shares of IBM (IBM.N), which beat expectations on revenue, jumped 8.9 percent and accounted for about 90 points of the day’s 160 point-gain in the blue-chip index. Solid earnings,...
  • TRUMP RALLY=> Stock Market Sets Seven New All-Time Records in June – Media Silent

    06/20/2017 7:50:19 AM PDT · by GonzoII · 36 replies
    * The DOW daily closing stock market average has risen 17% since the election on November 8th. (On November 9th the DOW closed at 18,332 – yesterday DOW closed at 21,528 for another all time record closing high). * Since the Inauguration on January 20th the DOW is up 9%. (It was at 19,827 at January 20th.) * The DOW took just 66 days to climb from 19,000 to above 21,000, the fastest 2,000 point run ever. The DOW closed above 19,000 for the first time on November 22nd and closed above 21,000 on March 1st. * The DOW closed...
  • US STOCKS-Wall St hits record highs on strong technology, health stocks

    06/19/2017 1:55:56 PM PDT · by John W · 13 replies
    Reuters via Yahoo News ^ | June 19, 2017 | Sinead Carew
    NEW YORK, June 19 (Reuters) - U.S. stocks rose on Monday, with the S&P 500 and the Dow hitting record highs with growth sectors such as technology in favor again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials. Amazon.com's Friday announcement that it would buy Whole Foods and an upbeat tone from Federal Reserve speakers seemed to help reassure investors after the U.S. central bank's rate hike last week, according to J. Bryant Evans, portfolio manager at Cozad Asset Management, in Champaign, Illinois. "It looks like a bet that interest rates, such...
  • Stock Market Hits All Time High

    06/01/2017 10:30:17 AM PDT · by LS · 45 replies
    yahoo finance ^ | 6/1/2017 | LS
    The Dow just crossed 21,132, vs. 21,115 in March. Jobs report is excellent---more than a quarter of a million new jobs in the month. Economic confidence higher than any time since 2001. I'm hearing that the AT Fed will revise UPWARD the 1st quarter numbers and that over 3% GDP this year a real possibility.
  • 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...
  • How Trump’s stock market ranks in his first 50 days in office

    03/11/2017 8:11:05 AM PST · by plain talk · 4 replies
    MarketWatch ^ | March 11, 2017 | Mark DeCambre
    President Donald Trump is half way to marking his first 100 days in office, and as it turns out the so-called Trump rally is stacking up fairy well compared with past presidents during their midpoint to 100. Trump hits the 50-day milestone on Saturday. The S&P 500 index SPX, +0.33% is on track to post its best return in the first 50 days off a presidential term since Bill Clinton’s first term in 1993, when the broad-market index rose 4.7%. In fact, it is the best 50-day performance for a GOP commander-in-chief ever and the sixth best performance over that...
  • 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...
  • CNN Gives Dow Jones Industrial Average 20K Milestone Two Mentions — MSNBC 8, Fox News 14

    01/25/2017 6:14:43 PM PST · by markomalley · 8 replies
    Big Journalism ^ | 1/25/17 | Jeff Poor
    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,” the milestone was only...
  • The Dow just hit 20,000, but half of America missed out

    01/25/2017 11:59:39 AM PST · by SeekAndFind · 24 replies
    Yahoo Finance ^ | 01/25/2017 | Myles Udland
    On Wednesday, the Dow Jones Industrial Average traded above 20,000 for the first time. This barrier, which is more important psychologically than it is for actual investment decisions, had been in the market’s sights for over a month after the post-election rally that followed Donald Trump’s election sent stocks to new records. Unfortunately, however, many Americans missed out. Back in April 2016, Gallup conducted its latest annual poll showing that just 52% of American adults owned stocks, via either individual issues, mutual funds, or self-directed 401(k) plans. This matched the lowest ownership level in Gallup’s 19-year tracking of this measure....
  • Dow hits 20,000!!!

    01/25/2017 6:52:03 AM PST · by sodpoodle · 22 replies
    Read at link.
  • Stock market’s velocity after Trump has investors talking Dow 20,000—and beyond

    12/09/2016 12:13:26 PM PST · by John W · 16 replies
    marketwatch.com ^ | December 9, 2016 | Mark DeCambre
    Do I hear 20,000? 21,000? That's the subject Wall Street investors are starting to consider after post-election ebullience has stretched equity markets deeper into the record books since Nov. 8. Assuming that the indexes continue to lurch forward into the next week or two, that puts the gauge on pace to log the fastest 1,000-point rally since the Dow moved from 10,000 to 11,000 in from March 29, 1999, to May 3, 1999 — a 24-day trading day span, according to Dow Jones data. The broad-based rally has been supported by the expectation that Trump will unleash a raft of...
  • 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...
  • Dow Jones Hits Record High (Exceeds 19,000 for the first time). S&P 500 and Nasdaq also hit records!

    11/22/2016 8:41:19 AM PST · by SeekAndFind · 49 replies
    Townhall ^ | 11/22/2016 | Jason Hopkins
    For the first time in its 120-year history, the Dow Jones industrial average has surpassed 19,000 in intraday trading on Tuesday. Considered one of the world’s best stock market gauges, the Dow shot up 56 points in early Tuesday trading to reach a peak of 19,013.12. Most of the gains are attributed to Boeing. The Dow Jones Industrial Average just traded to the highest level in history https://t.co/X2728kLLWM pic.twitter.com/5x7N8G0nM2— CNBC (@CNBC) November 22, 2016 The record breaking performance is just the latest in a streak of market indications that investors are bullish on the incoming Trump administration. The S&P also...
  • What was that noise about DOW futures last night?

    11/09/2016 8:31:57 AM PST · by sipow · 25 replies
    Last night once it was clear Trump was going to win, they started whining about the Dow Jones futures being down by 500+ points. I checked a bit ago and it was up 81. Now it is up 145. Looks to me like it is skyrocketing thanks to Trump!
  • Dow surges, up 250 points after FBI clears Hillary Clinton in latest email probe

    11/07/2016 6:41:05 AM PST · by John W · 68 replies
    CNBC via Yahoo News ^ | November 7, 2016 | Fred Imbert
    U.S. equities kicked off the week on a high note, opening sharply higher on Monday after the FBI again cleared Democratic nominee Hillary Clinton over her use of a private server. The Dow Jones industrial average quickly rose more than 250 points. "In terms of the market and its possible response on Wednesday, today's reaction to the FBI news is obvious evidence that market participants have wrapped up the world in a nice and easy box," said Peter Boockvar, chief market analyst at The Lindsey Group. "Hillary wins, good for stocks. Trump wins, bad for stocks. But, anyone who thinks...