Tag: Jul

Stock Market News for Jul 31, 2020

The Dow and the S&P 500 closed lower on Thursday after economic data pointed at the steepest contraction of the US economy since the Great Depression in the second quarter. However, the Nasdaq closed in the green as investors braced for quarterly earnings reports from tech and e-commerce behemoths.

The Dow Jones Industrial Average (DJI) slid 225.92 points or 0.9%, to close at 26,313.65 and the S&P 500 fell 12.22 points or 0.4% to close at of 3,246.22. The Nasdaq Composite Index closed at 10,587.81, shedding 44.87 points or 0.4%. The fear-gauge CBOE Volatility Index (VIX) increased 2.7%, to close

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Stock Market News for Jul 22, 2020 – July 22, 2020

U.S. stocks finished mixed on Tuesday as investors are waiting for next round of stimulus from the U.S. government. Meanwhile, a fresh dosage of stimulus by the European Union and better-than-expected earnings results of a few big companies strengthened investors’ confidence to some extent. The Dow and the S&P 500 closed in the green while the Nasdaq Composite ended in red.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) gained 0.6% or 159.53 points to close at 26,840.40. Notably, 21 components of the 30-stock blue-chip index ended in the green while 9 closed in red. The Nasdaq

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Stock Market News for Jul 23, 2020 – July 23, 2020

Wall Street closed higher after a choppy session on Wednesday buoyed by good news from coronavirus treatment front and possible injection of fresh stimulus by the U.S. government. However, investors remained concerned about eco-political intensions between the United States and China. All three major stock index ended in the green.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) maintained its three-day winning streak gaining 0.6% or 165.44 points to close at 27,005.84. This was the first closing of the blue-chip index above 27,000 since Jun 9. Notably, 24 components of the 30-stock index ended in the green

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Stock Market News for Jul 10, 2020 – July 10, 2020

Wall Street closed mixed on Thursday growing concerns about the second wave of the coronavirus dented investors’ confidence. However, the technology sector continued its rally. The Dow and the S&P 500 ended in red while the Nasdaq Composite finished in positive territory.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) tumbled 1.4% or 361.19 points to close at 25,706.09. Notably, 26 components of the 30-stock blue-chip index ended in the red while 4 closed in green. The tech-heavy Nasdaq Composite ended at 10,547.75, gaining 0.5% due to strong performance by large-cap tech stocks. During intraday session the

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Stock Market News for Jul 1, 2020 – July 1, 2020

Benchmarks closed higher on Tuesday and booked its biggest quarterly percentage gain in nearly 20 years. Investors cheered positive economic data and overlooked rising new coronavirus cases in multiple U.S. states.

The Dow Jones Industrial Average (DJI) rose 217.08 points, or 0.9%, to close at 25,812.88 and the S&P 500 gained 47.05 points, or 1.5% to close at of 3,100.29. The Nasdaq Composite Index closed at 10,058.77, gaining 184.61 points, or 1.9%. The fear-gauge CBOE Volatility Index (VIX) decreased 4.3%, to close at 30.43. Advancing issues outnumbered declining ones for 2.02-to-1 ratio on the NYSE and a 2.09-to-1 ratio on

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