Tag Archive for Dow Jones Industrial Average

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Stock Market Today: New Rules for Big Banks

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Stock market news today, April 9, 2014: The Dow Jones Industrial Average rose 10 points yesterday to finish at 16,256. The Nasdaq increased 33 points to finish at 4,112, while the S&P 500 added 6 points to end the day at 1,851.

Today, the FOMC will release minutes from its March meeting. Investors are seeking clues on when Fed Chair Janet Yellen and the central bank will exercise an increase in interest rates.

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Stock Market Sell-Off: The Chart That’s Keeping Wall Street Up at Night – Money Morning

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For months, Wall Street insiders have passed this chart around amongst themselves and nervously discussed whether it foretells a major stock market sell-off.

The chart compares the path of the current Dow Jones Industrial Average over the past year and a half to the Dow’s moves over the 1928-1929 period.

While the Dow is trading at a much higher level now than in the 1928-1929 period, the pattern is eerily similar to the path that led to the worst stock market crash in Wall Street history, right up to the recent stock market sell-off and recovery.

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