The Dow Jones Industrial Average is the most inaccurate and distorted of all stock indices – and yet it remains the most followed stock market index.
Markets rose modestly on Monday after investors weighed data from earnings season.
For the fourth straight trading session, U.S. stocks climbed on news that General Electric Co. (NYSE: GE) and Morgan Stanley (NYSE: MS) and other companies beat quarterly expectations.
The Dow Jones today gained 89 points to close at 16,262.50. The S&P rose 12 points to close at 1,842.98, and the Nasdaq added 11 points to close at 4,034.16.
The post Dow Jones Today Gains 89 Points With These Market-Moving Stories appeared first on Money Morning – Only the News You Can Profit From.
U.S. stock futures were weak this morning as Wall Street looks to looming tensions in Ukraine and worse-than-expected Chinese data.
The Dow Jones Industrial Average rose 146 points on Monday to finish at 16,173.24. The Nasdaq increased by 22 points to finish at 4,022.69, while the S&P 500 added 14 points to end the day at 1,830.61.
The post Stock Market Today: GE, FB, GOOG Lead Today’s News appeared first on Money Morning – Only the News You Can Profit From.
First, Bitcoin dipped below the $400 threshold on Thursday on growing concerns about forthcoming Chinese regulation.
Markets plunged on Thursday despite positive economic data on unemployment benefits.
Greece will return to the international bond market this month, and other news capsules.
I don’t know about you, but I’m ordering Michael Lewis’ new book “Flash Boys: A Wall Street Revolt” – and I’m ordering it today.
Of course, Michael Lewis is the author of two of the biggest-selling books ever written about Wall Street: “Liar’s Poker” (1990), an autobiographical portrait of excessively greedy bond traders during the 1980s, and “The Big Short: Inside the Doomsday Machine” (2010), which chronicles the housing bubble that led to the Great Recession in 2007.