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US stocks traded slightly lower as investors pressed pause on the rally to record highs. The S&P 500 and Dow Jones hit record highs on Thursday after the Federal Reserve's 50 basis point rate cut.
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the ...
The chipmaker’s shares dropped 7% Monday, worst among the Magnificent Seven, but have still more than doubled year to date. The tech behemoths had to blow out estimates for Q2 earnings calls ...
Largest point changes. The Dow Jones Industrial Average was first published in 1896, but since the firms listed at that time were in existence before then, the index can be calculated going back to May 2, 1881. [6] A loss of just over 24 percent on May 5, 1893, from 39.90 to 30.02 signaled the apex of the stock effects of the Panic of 1893; the ...
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
US stocks dipped on Friday after Thursday's big rally, as traders took a breather after the latest data sparked a burst of optimism about the state of the economy. Stocks jumped in the previous ...
COVID-19 recession. On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, [ 1 ] and remained so until 11 October 2019, when it reverted to normal. [ 2 ]
Positive economic data helped the market power past Nvidia's big drop, with US GDP growth getting an upward revision for the second quarter. The economy grew 3% last quarter compared to the ...