Tag: Dow Jones

Wednesday, September 4th 2019 - 08:40 UTC
US/China trade war further escalates; Trump claims Beijing speculating with next year's presidential election

Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday sent stern warnings to China, urging the Pacific power not to drag its feet in trade negotiations.
Thursday, July 4th 2019 - 17:54 UTC
Wall Street fresh records on expectations of a FED interest rate cut

Optimistic investors drove Wall Street to fresh record highs amid strong expectations of an impending US interest rate cut. The Dow Jones index lifted by 179 points, 0.7 per cent, to 26,966. The broader S&P 500 posted its third consecutive record high, up 0.8 per cent, while the tech-heavy Nasdaq rose 0.75 per cent.
Thursday, May 23rd 2019 - 09:57 UTC
Markets in the red on Wednesday over concerns with China-US trade dispute

US stocks fell back into the red on Wednesday, putting equities down for three of the last four sessions as investors reacted to reports of possible new US-China trade frictions.
Saturday, March 23rd 2019 - 09:09 UTC
UK and US markets tumble on fears of a global slowdown

Markets in the UK and US have tumbled with analysts attributing the drop to growing fears of a global slowdown. The FTSE 100 saw its worst day of trading this year, closing 2% lower. In the US, the three main indexes ended between 1.9% and 2.5% lower.
Saturday, January 5th 2019 - 08:40 UTC
Fed brings relief to markets saying it would be “patient” about rate hikes

Federal Reserve Chair Jerome “Jay” Powell took steps to reassure financial markets on Friday, saying that the US central bank would be “patient” about rate rises. He also defended his independence, saying he would not resign if requested by US President Donald Trump.
Saturday, January 5th 2019 - 08:34 UTC
US economy ever so strong: 312.000 jobs added in December

The US economy created many more jobs than expected in December, according to the latest government data. Employers added 312,000 jobs, far ahead of predictions of 177,000, the Labor Department said.
Thursday, December 27th 2018 - 08:42 UTC
Strong 5% rebound of Wall Street markets on pledge the Fed chief will not be ousted

Wall Street marked its best day in 10 years as stocks rallied back on Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow Jones Industrial Average jumped more than 1,000 points — its biggest point-gain ever — rising nearly 5% as investors returned from a holiday break. The benchmark S&P 500 index also gained 5% and the technology heavy Nasdaq rose 5.8%.
Wednesday, December 19th 2018 - 09:12 UTC
Latin American markets and currencies cautious ahead of Fed's two-day meeting

Latin American currencies failed to gain against a weak dollar on Tuesday, as cautious investors pared exposure ahead of the end of the U.S. Federal Reserve's two-day meeting on Wednesday, while Latin American stocks ticked up in line with their U.S. peers.
Thursday, October 11th 2018 - 09:08 UTC
US markets suffer their sharpest one-day fall: fears of interest rates, inflation and trade tensions

United States share markets suffered on Wednesday their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422. The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while Amazon slid 6%.
Wednesday, June 20th 2018 - 08:37 UTC
General Electric loses its place in the Dow Jones average after more than 100 years

General Electric is losing its place on the Dow Jones Industrial Average after more than 100 years in a move that reflects a fall in the firm's fortunes and changes to the US economy. Walgreens Boots Alliance is to take its spot on the financial index, which tracks shares of 30 companies deemed representative of the US economy. The change takes effect on 26 June.