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.
Wall Street is full of adages, superstitions, and myths – and that includes the explanation of why the stock market is closed on Good Friday.
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.
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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.
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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.
If you like bull markets, you better hope Janet Yellen is one of the most talkative Fed Chairs in history.