Dow Jones Industrial Average

Markets dragged down by abysmal retail sales and factory output

U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales. However, the declines did

The odd reality of today’s stock market

As the COVID-19 death toll in the United States continues to climb, American stocks are, in a grim divergence, recovering lost ground. It isn’t clear precisely why locally-listed equities have r

Stocks rally again as new COVID-19 cases show signs of slowing

All major indices rose Wednesday, led by the Dow Jones Industrial Average, which increased 3.44% to close above 23,000 for the first time since March 13. Investors seemed heartened by comments made by

Tech shares close down on the day despite roaring start

American equities closed down today, with the major domestic indices all losing ground after a wild trading cycle. After starting the day up sharply higher after strong Monday gains, those gains were

Stocks rise following yesterday’s sharp rally

After a sharp Monday rally seemingly built on optimism that the impact of the global pandemic may have reached its zenith in Europe — and indeed that the United States might see a lower infectio

Stocks shoot upward as ‘Phase Three’ stimulus passes Senate and unemployment skyrockets

Stocks soared on Thursday even as the U.S. reported its worst unemployment numbers in 50 years of tracking data. The pain felt on Main Street was offset for investors by the federal government opening

Stocks blast higher on expectation of sweeping federal action

There are no free market fanatics on corporate boards the moment the economy wobbles. Today makes the point, with stocks shooting higher on the back of news that a sweeping federal package of aid and

Wall Street roars on news of potential stimulus deal, Trump hints at opening economy

Wall Street came roaring back Tuesday with all major indices rising on a potential deal between Senate Democrats and Republicans to approve a new stimulus package and suggestions from President Donald

Stocks broadly fall as Nasdaq dips modestly, SaaS gains on the day

The technology industry’s central role in an American economy shaped by attempts to mitigate the spread of COVID-19 is being reflected in how investors are approaching markets in these turbulent

US stocks open lower, erasing recent gains and plunging shares deeper into bear territory

The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a sweeping aid pa

Stock markets halted for unprecedented third time due to coronavirus scare

The morning after the Federal Reserve cut its interest rates to near zero at the urging of the president (a move meant to stabilize jittery markets worried about the economic fallout from the global r

Stocks spike as President Trump declares national emergency

President Donald Trump’s national emergency declaration, which began just a half hour before the market closed, pushed stocks higher Friday, providing at least temporary relief to shares that ha

COVID-19 market turmoil tests NYSE’s shutdown circuit-breakers

For the second time this week trading on the New York Stock Exchange halted for 15 minutes this morning when a market drop triggered the exchange’s internal circuit breaker, shortly after 9:30am. Th

Turbulent trading leads to market gains as stocks recover, SaaS lags

Sometimes, it takes only the promise of a massive government bailout to put that rose-colored filter on the effluent sandwich of today’s economic realities. After yesterday’s terrifying se