I am humbled by all of the intelligent people I’ve met and great experiences Dow Jones has provided me over the past 5 years.” Fernando. The Dow Jones Industrial Average looks set for a higher open as the stock market bets that a Covid relief package will get done. Trump ignores Covid-19 spike in America while Coronavirus re-opening faces challenges in the US. But since August (three months ago) we’ve been here before, and so far the bulls (the FOMC) haven’t had what it takes to push the venerable Dow Jones into market history. Amid what could be the height of preelection uncertainty, hundreds of companies–including about one third of S&P 500 firms—are set to report earnings this week, including cloud firm Twilio after the market closes on Monday, biotechs Eli Lilly, Merck and Pfizer on Tuesday, Ford and Boeing on Wednesday and a slew of big tech firms—including Alphabet, Amazon and Twitter—on Thursday. Last I checked it was trading at 132.15 in after-hours. The national average price of gasoline is down one-tenth of a cent at $2.186 per gallon.
Oct 8, 2020; 10:30 AM; S&P Dow Jones Indices Reports $2.3 Billion Decrease in U.S. Stocks tanked Monday as growing concerns over a surge in coronavirus cases both domestically and globally rattle investor sentiment just eight days before the November presidential election. which we believe will put further fuel into the tech rally moving forward into year-end with the elections and a potential Blue Wave creating more volatility over the next month for tech stocks.”. Premarket today, the Dow was indicated to open up +223 points. Yields on the ten-year Treasury Bond—a bellwether of investor confidence in the equities market—sank about 4% to 0.808% on Monday morning–after seven straight days of gains that pushed the indicator to a four-month high. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Dow Flat As Markets Continue To Price In Biden Election Victory After Final Debate, Ant Group Will Raise $34.5 Billion In Biggest IPO Ever, 1.3 Million American Households Could Owe $7.2 Billion In Unpaid Rent By End Of This Year, Pelosi Says Stimulus Bill Could Happen Before Election–But That Seems Unlikely. Access premium data, personalize your experience, and sign up to receive email updates. I graduated from the University of North Carolina at Chapel Hill, where I double-majored in business journalism. The Dow Jones Industrial Average ended the day down 650 points, or 2.3%–more than doubling its morning losses, while the S&P 500 and the tech-heavy Nasdaq were down 1.9% and 1.6%, respectively.
Friday the Dow was down -134.09 (-0.48%) at 27,682.81. European stocks are mostly higher and Asian markets ended mostly higher.
Fernando recently relocated from Barcelona, Spain to New York City.
This week “represents a major week for tech investors as [Facebook, Apple, Amazon and Alphabet] earnings on Thursday after the bell will be a seminal night for the Street to digest how these tech stalwarts are faring during this Covid backdrop and semi-lockdown environment,” said a team of Wedbush analysts led by Daniel Ives in a recent note.
Goldman Sachs (GS) reports earnings on Wednesday 10/14/2020 before the market open. Dow Jones Industrial Average Section 871(m) Information, Dow Jones Industrial Average (USD) Factsheet, Direxion Daily S&P Biotech Bear 3X Shares, Dow Jones Industrial Average Yield Weighted Index, Dow Jones Industrial Average Equal Weight Index. We stick to our method to look at any market from the monthly chart, then to the weekly and then the daily. As a next step we look at the Dow Jones charts in a top down approach.
S&P 500 short bets threaten the stock market rally
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