Category: Dow-Jones

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 National Institute of Allergy and Infectious Diseases Director Anthony Fauci, who said Wednesday that the U.S. death…

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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 stimulus should soon pass Congress. The goal of the financial package is to blunt the…

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