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The Dow Jones slumped on Tuesday, despite briefly rising after the opening bell. The index is on the cusp of its biggest makeover in nearly a decade. One bearish hedge fund refuses to concede that the stock market recovery is for real. The Dow Jones Industrial Average (DJIA) rally fizzled on Tuesday, as
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Dow Jones Industrial Average (DJIA) futures plough higher again on Monday morning.The Federal Reserve reported a huge drop in demand for its emergency liquidity services – a sign that financial markets are now stable.New York moves to phase two of re-opening, brining 300,000 back to work.Stocks are flying yet again
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The Dow Jones rose on Friday but traded well off its highs in late afternoon trading. Stocks tumbled after a strong open, but Boeing supported the Dow. JPMorgan Chase is still pushing investors to buy the dip, while ING fears that retail strength could soon fade as pent-up demand wanes. The Dow Jones
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The Dow bounces back after diving 1,861.82 points – nearly 7% – on Thursday. ING says the U.S. economy is exhibiting “hints” of a V-shaped recovery, though that might not translate into a snapback in GDP. Some on Wall Street remain skeptical, and Guggenheim CIO Scott Minerd believes the stock market could
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Yesterday for the second time in June 2020 Bitcoin price collapsed 10%. The drop coincided with the significant crash of the Dow Jones index.Yet again, the world’s largest cryptocurrency Bitcoin faces major resistance at $10,500 levels. On Thursday, June 11, the Bitcoin price crashed 11% from $10,100 levels falling all
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The Dow Jones collapsed on Thursday, suffering its worst loss since March. Donald Trump blamed the sell-off on the Federal Reserve, ignoring another 1.5 million jobless claims. Adding to the pressure, the pandemic appears to be worsening again, hitting a Dow plagued with retail speculation. The Dow Jones crashed a nauseating 1,650 points
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The Dow rose sharply on Friday after the release of a much better-than-expected jobs report. Rising Treasury yields are pushing mortgage rates higher. Higher mortgage rates could impact housing demand. The Dow Jones jumped by more than 3% Friday, surging past 27,000. Friday’s gains add to the rally that started on March 23.
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The Dow Jones extended its rally with a titanic surge to close the week. Unemployment numbers were vastly better than expected, catching a cautious Wall Street off guard. The stock market’s most visible cheerleader, Donald Trump, is back, and he says the U.S. economy is “a rocket ship.”
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Dow futures surged as much as 650 points on Friday morning after a blowout jobs report left Wall Street stunned. The U.S. economy added 2.5 million jobs in May. It’s just the latest evidence that the stock market rally is sustainable, but contrarian traders say there is something
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Dow Jones futures rose by as much as 64 points Thursday night before paring gains. The Dow closed higher in New York, capping off its longest winning streak in five weeks. The Labor Department will release the May nonfarm payrolls report Friday at 8:30 a.m. ET. Eight million job losses are expected. Futures
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