Tag: Nov

Stock Market News for Nov 2, 2020 – November 2, 2020

U.S. stock markets closed lower on Friday, reversing gains from the previous day as COVID-19 cases continued to mount across the United States and Europe. Moreover, investors also remained in the sidelines ahead of the upcoming presidential election on Nov 3. All three major stock indexes ended the day in red.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) plunged 0.6%, or 157.5 points, closing at 26,501.60, reversing its gains from Thursday. Notably, 17 components of the 30-stock index ended in red while 13 finished the day in green. The blue-chip index is 7.1% below to become

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Stock Market News for Nov 18, 2020

U.S. stock markets closed lower on Tuesday on concerns of coronavirus resurgence. Market participants also remained skeptical regarding Congressional approval for the second round of fiscal stimulus in this year. All the three major stock indexes ended in negative territory.

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How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) declined 0.6% or 167.09 points to close at 29,783.35, reversing two days of winning streak. Notably, 24 components of the 30-stock index ended in the red while six in green. The major loser of the Dow was Walgreens Boots Alliance Inc. WBA plummeting 9.6%. Walgreens Boots carries

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Stock Market News for Nov 27, 2020 – November 27, 2020

The Dow and the S&P 500 closed in the red on Wednesday after rise in weekly jobless claims underscored that the recovery in labor market is slowing, as well as a surge in new coronavirus cases. However, the Nasdaq booked its first record close in three months with rally in major technology stocks. Markets remained closed on Thursday on account of Thanksgiving Day and will close g early on Friday.

The Dow Jones Industrial Average (DJI) declined 173.77 points, 0.6%, to close at 29,872.47 and the S&P 500 slid 5.76 points, 0.2%, to close at 3,629.65. The Nasdaq Composite Index

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Stock Market News for Nov 17, 2020 – November 17, 2020

Wall Street closed sharply higher on Monday buoyed by positive developments on coronavirus treatment front. Hopes for a vaccine in near future significantly strengthened market participants’ confidence on risky assets like equities. All the three major stock indexes ended in green.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) jumped 1.6% or 470.63 points to close at 29,952.22. This was the blue-chip index’s fresh highest closing since Feb 12. During intraday trading, the index recorded a new all-time high at 29.964.29 for the first time since Nov 9. Notably, 26 components of the 30-stock index ended in

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Stock Market News for Nov 11, 2020

Wall Street had a mixed day on Tuesday with investor rushing to sell of tech stocks that had had dream run during the virus-induced lockdown, while they put money on sectors that took a beating during the pandemic. This saw the Nasdaq and S&P 500 ending the day in red. The Dow Jones, however, maintained its winning streak by building on the sharp gains from its previous session.

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How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) gained 0.9% or 262.95 points to end the day at 29,420.92, nearing its all-time closing high of 29,551.42 achieved

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