Tag: Dow Jones Industrial Average
Stocks broadly fall as Nasdaq dips modestly, SaaS gains on the day
The technology industry’s central role in an American economy shaped by attempts to mitigate the spread of COVID-19 is being reflected in how investors are approaching markets in these turbulent times. As the broader economy stumbles, technology companies and the major exchange they call home seem to be somewhat more…
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US stocks open lower, erasing recent gains and plunging shares deeper into bear territory
The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a sweeping aid package — including the potential for a direct payout to most American workers. Domestic indexes had risen sharply…
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Stocks spike as President Trump declares national emergency
President Donald Trump’s national emergency declaration, which began just a half hour before the market closed, pushed stocks higher Friday, providing at least temporary relief to shares that have been throttled this week on fears of the COVID-19 pandemic. Trump detailed several measures under the national emergency declaration, including freeing…
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COVID-19 market turmoil tests NYSE’s shutdown circuit-breakers
For the second time this week trading on the New York Stock Exchange halted for 15 minutes this morning when a market drop triggered the exchange’s internal circuit breaker, shortly after 9:30am. The control, part of the NYSE’s automatic provisions to pause trading, has been put to the test since…
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Turbulent trading leads to market gains as stocks recover, SaaS lags
Sometimes, it takes only the promise of a massive government bailout to put that rose-colored filter on the effluent sandwich of today’s economic realities. After yesterday’s terrifying sell-off, American equities recovered today, with the major domestic indices rising to close the day. While the day’s gains do not erase yesterday’s…
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