Tag: Stock

Stock Market News for Oct 19, 2020 – October 19, 2020

The Dow and the S&P 500 closed higher on Friday, lifted by upbeat retail sales data and improvement in consumer sentiment. However, the tech-laden Nasdaq ended in the negative territory. Notably, rise in new coronavirus cases that led to travel restrictions dampened investors sentiment, and compelled them to refrain from placing bets on risky tech stocks.

The Dow Jones Industrial Average (DJI) edged up 112.11 points, or 0.4%, to close at 28,606.31 and the S&P 500 rose 0.47 points, to close at 3,483.81. The Nasdaq Composite Index closed at 11,671.56, declining 42.32 points, or 0.4%. The fear-gauge CBOE Volatility Index

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Stock Market News for Oct 2, 2020 – October 2, 2020

Wall Street closed modestly higher on Thursday after a choppy session. All the three major stock indexes closed well below their intraday highs as hope for a fresh round of fiscal stimulus disappeared. A series of mixed economic data indicated that the pace of the U.S. economic recovery have waned. The Dow and the S&P 500 gained modestly while rebound of the technology sector lifted the Nasdaq Composite.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) rose 0.1% to close at 27,816.90, maintaining 2-day winning streak. Notably, 24 components of the 30-stock index ended in the green

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Stock Market News for Oct 8, 2020 – October 8, 2020

Benchmarks closed sharply higher on Wednesday after President Donald Trump tweeted to provide support to airlines and signaled a scope for further stimulus measures.

The Dow Jones Industrial Average (DJI) rose 530.7 points, or 1.9%, to close at 28,303.46 and the S&P 500 advanced 58.5 points, or 1.7%, to close at 3,419.45. The Nasdaq Composite Index closed at 11,364.60, adding 210 points, or 1.9%. The fear-gauge CBOE Volatility Index (VIX) decreased 4.8%, to close at 28.06. Advancing issues outnumbered declining ones for 2.77-to-1 ratio on the NYSE and a 3.32-to-1 ratio on the Nasdaq favored advancers.

How Did the Benchmarks

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Stock Market News for Oct 6, 2020 – October 6, 2020

Benchmarks closed higher on Monday as markets cheered news of President Trump’s positive response to Covid-19 treatment, and discharge from hospital. Investors also hope for a new stimulus package soon, as weak September jobs report and rise in new coronavirus cases underscore the urgency for further aid.

The Dow Jones Industrial Average (DJI) advanced 465.83 points, or 1.7%, to close at 28,148.64 and the S&P 500 gained 60.16 points, or 1.8%, to close at 3,408.60. The Nasdaq Composite Index closed at 11,332.49, adding 257.47 points, or 2.3%. The fear-gauge CBOE Volatility Index (VIX) increased 1.2%, to close at 27.96. Advancing

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Stock Market News for Oct 5, 2020 – October 5, 2020

A weaker-than-expected September jobs report and news of President Trump and his wife being tested positive for Covid-19 put stocks through a rollercoaster ride on Friday, eventually pushing benchmarks to close in the red.

The Dow Jones Industrial Average (DJI) fell 134.09 points, 0.5%, to close at 27,682.81 and the S&P 500 shed 32.36 points, or 1%, to close at 3,348.44. The Nasdaq Composite Index closed at 11,075.02, declining 251.49 points, or 2.2%. The fear-gauge CBOE Volatility Index (VIX) increased 3.5%, to close at 27.63. Advancing issues outnumbered declining ones for 1.45-to-1 ratio on the NYSE and a 1.13-to-1 ratio

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