Tag: Dow

Dow Jones Volatile on Elevated Unemployment Claims; Nike, Home Depot, and Goldman Sachs Talked Up by Analysts

The number of Americans filing initial jobless claims rose slightly in the week ended Sept. 19 to 870,000, still far above pre-pandemic levels and higher than economists were expecting. The Dow Jones Industrial Average (DJINDICES:^DJI) managed to rise nonetheless on Thursday, up around 0.25% at 11:45 a.m. EDT. The Dow was volatile throughout the morning, so that gain may not hold.

Shares of Nike (NYSE:NKE) failed to rise along with the Dow even after an analyst talked up the company’s digital transformation. Positive analyst commentary did help Home Depot (NYSE:HD) and Goldman Sachs (NYSE:GS) stocks, both of which were in positive territory by late morning.

Nike's campus.

Image source: Nike.

Optimism after Nike earnings

Footwear and apparel giant Nike was hit hard by the COVID-19 pandemic earlier this year. In the quarter that ended on May 31, Nike reported a staggering 38% drop in revenue due to retail store closings. Unsurprisingly, the

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Dow Futures Edge Higher, Dollar Gains As US Markets Steady

The Thursday Market Minute

  • Global stocks slide following last night’s sell-off on Wall Street as investors continue to focus on the economic impact of a coronavirus resurgence and the potential for U.S. electoral chaos.
  • President Donald Trump refuses to commit to a peaceful transition of power during a question-and-answer with reporters, suggesting election night controversies that could hammer stocks and disrupt world markets.
  • The U.S. dollar climbs to a near two-month high against its global peers as cautious traders position themselves into the final weeks before the November vote.
  • Oil prices slip lower after a bigger-than-expected drawdown in U.S. crude and data showing fuel demand is down nearly 10% from last year.
  • U.S. equity futures suggest a mixed open on Wall Street ahead of weekly jobless claims at 8:00 am Eastern time and Fed Chairman Jerome Powell’s third day of Congressional testimony, this time to the Senate Banking Committee, at
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Dow slides over 800 points, while S&P 500 veers close to correction territory

U.S. stocks fell sharply on Monday amid concerns about the COVID-19 trajectory in Europe, as news reports allege major global banks continued doing business with customers suspected of wrongdoing, and a lack of progress toward another round of fiscal stimulus out of Washington.

What are major benchmarks doing?

The Dow Jones Industrial Average
US:DJIA
fell 822.57 points, or 3%, to 26,827. The Nasdaq Composite
US:COMP
shed 174 points, or 1.6%, to 10,620. The S&P 500
US:SPX
slipped 73 points, or 2.2%, to 3,245. If the broad-market index finishes below 3,222.76, it would enter correction territory, defined as a 10% drop from its recent peak.

Major U.S. benchmarks have suffered three consecutive weekly losses. The Dow fell 244.56 points Friday, or 0.9%, to end at 27,657.42, dragging the blue-chip gauge to a 0.03% weekly decline. The S&P 500 and the tech-heavy Nasdaq Composite both booked weekly losses of 0.6%.

The small-cap

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Dow erases early climb, S&P 500 notches third straight gain as tech stocks extend rebound from last week’s rout

U.S. stocks finished mostly higher on Tuesday as the blue-chip Dow shed early gains ahead of a policy update by the Federal Reserve. The Nasdaq led the broader market rally as technology shares continued to make up lost ground from last week’s selloff.

The Dow Jones Industrial Average
DJIA,
+0.00%

 rose 2.27 points to finish at 27,995.60, while the S&P 500
SPX,
+0.52%

 gained 17.66 points, or 0.5%, to trade at 3,401.20, marking its third straight increase. The Nasdaq Composite
COMP,
+1.20%

 finished up 133.67 points, or 1.2%, at 11,190.32, logging back-to-back gains.

On Monday, the Dow rose 327.69 points, or 1.2%, to finish at 27,993.33, after briefly trading above the 28,000 threshold. The S&P 500 added 42.57 points, or 1.3%, closing at 3,383.54. The Nasdaq Composite climbed 203.11 points, or 1.7%, to end at 11,056.65, rebounding from a rout that last week saw the tech-heavy index enter correction territory

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Wall Street rally gains steam, with the Dow up 400 points as tech rebounds

Stocks rose on Monday, led by tech, amid a slew of corporate dealmaking activity as the market tried to recover from its first back-to-back weekly declines in months.

The Dow Jones Industrial Average traded 400 points higher, or 1.4%. The S&P 500 climbed 1.74% and the Nasdaq Composite jumped 2.4%. 

Shares of Apple were higher by 2.1%. The market has been following in the footsteps of its rally leader. Apple shares are down 11% this month.

Tesla shares rebounded by more than 7%. The once-surging stock is down more than 25% in September after it failed to gain entry into the benchmark S&P 500, something investors were anticipating.

Tech sentiment was lifted by news of Nvidia buying chipmaker Arm Holdings from SoftBank for $40 billion. Nvidia will finance the deal through a combination of cash and common stock. Nvidia was up 6.2%. Other chipmakers also gained, including AMD, Micron and

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Global Caustic Soda Market Sales Marketing Channels and New Business Strategies 2020| Dow Chemical, OxyChem, Axiall

The MarketWatch News Department was not involved in the creation of this content.

A newly circulated research work titled, “Caustic Soda Market Research Report Encompass Increase Future Trends 2020, Top Manufacturers and Competitive Landscape to 2029” by Market.us research firms, Which broadly analyses the critical aspects of the Caustic Soda market such as 360-degree comprehensive data evaluation, Market scope with definition, a decisive overview of Caustic Soda market segmentation, numerous opportunity mapping as well as barrier analysis. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally.

The report was touted as the most recent event hitting the market due to the COVID-19 outbreak. This outbreak brought about a dynamic change in the industry and the overall economic scenario. This survey report is an illustrative sample demonstrating provides quantitative and qualitative information regarding Caustic Soda industry for the time frame of 2020 to 2029. The report also covers

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