Dow Jones News
The stock market keeps rising, but millennials aren’t reaping the benefits
Many young investors, wary of bear markets, have focused on paying off debt and saving instead
5 min read27 Nov 2020Behind Dow 30000: A self-perpetuating upward spiral
Low interest rates and a buy-the-dip mantra have put stocks in an ascending pattern, defying the pandemic and economic woes
9 min read26 Nov 2020US stocks continue slipping a day after worst loss in weeks
Most of the stocks in the index were lower, particularly oil producers and other companies whose profits tend to track the strength of the economyThe US economy’s momentum has already slowed following the expiration of supplemental benefits for laid-off workers
3 min read27 Oct 2020Wall Street ticks up in choppy trading after mixed bank results
Goldman Sachs edged up as strength in its trading business helped quarterly profit surge 94%Bank of America shed 4.0% after it missed revenue estimates and Wells Fargo declined 4.6% as its profit fell short of forecasts
2 min read14 Oct 2020Wall Street jumps on stimulus hopes, hints of Trump’s return to White House
Shares of Regeneron Pharmaceuticals Inc jumped 6.1% after Trump’s physician said he had been treated with an intravenous dose of Regeneron’s dual antibody treatmentHeavyweight tech-related stocks including Apple Inc , Nvidia Corp, Amazon.com Inc and Microsoft Corp were up between 1.4% and 2.2%
2 min read5 Oct 2020Wall Street opens higher on stimulus hopes, hints of Trump’s hospital discharge; Dow up 140 points
Trump’s possible discharge from the hospital where he is being treated for COVID-19 and hopes of a new fiscal stimulus bill also lifted market sentiment
1 min read5 Oct 2020Donald Trump illness exposes underlying market tension
The options markets are closer than the cash market in reflecting the uncertainties.
4 min read5 Oct 2020Wall Street jumps at open on stimulus hopes, Dow up 150 points
The Dow Jones Industrial Average rose 158.93 points, or 0.57%, at the open to 27,940.63
1 min read1 Oct 2020Wall Street update: Dow jumps over 400 pts on stimulus hopes, upbeat data
All 11 major S&P indexes were up, with energy also among the biggest gainers, as data showed US private employers stepped up hiring in SeptemberUS House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin hoped for a breakthrough on Covid-19 relief as they prepared to resume talks
2 min read30 Sep 2020Why did stock markets rebound from covid in record time? Here are five reasons
Forces behind fastest-ever swoon and recovery include economic hopes, tech dominance and a boom in risky trades
9 min read16 Sep 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared