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Intel Stock Was Added To Dow Jones Index In 1999 – Here's How The Stock Has Performed Since
Saturday, August 24, 2024 - 11:00am | 606Chipmaker Intel Corporation (NASDAQ:INTC) has had a rough couple of years with the stock underperforming the technology sector and major stock market indexes. The stock has also underperformed since it joined the Dow Jones Industrial Average a quarter-century ago. What Happened: Intel made history...
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'Be Cognizant Of Aftershocks,' Says Analyst On Last Monday's Market Meltdown — Equity Market Caught In A 'Very Difficult' Position
Tuesday, August 13, 2024 - 12:00am | 392Last Monday’s drastic drop in the equity market was most likely part of a longer-term upward trend, but investors should still be cautious of possible near-term dips as the market digests volatility in the currency markets, an analyst says. A week ago, the Dow Jones Industrial Average lost...
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Investors Should Blame Bank Of Japan For Major Selloff, Economist Says
Tuesday, August 6, 2024 - 2:55pm | 507Investors should blame the Bank of Japan, not the Federal Reserve, for Monday’s sharp decline in global markets, an economist says. The plummet, which led to the greatest losses in the Dow Jones Industrial Average and the S&P 500 in almost two years, was caused by the unwinding of the...
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Unwinding Of Japanese Yen Carry Trade Boosts The Case For 'Supersized' Rate Cut, Economist Says (CORRECTED)
Tuesday, August 6, 2024 - 10:46am | 389Editor’s Note: This article has been updated to correctly identify Joe Brusuelas as the chief economist with RSM US LLP. The frenzied unwinding of the Japanese yen carry trade — borrowing cheaply against the Japanese yen to buy high-growth stocks — may prompt the Federal Reserve to cut rates...
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Jamie Dimon Confident In Economy As Markets Retreat: 'We're Going To Get Through It'
Tuesday, August 6, 2024 - 9:11am | 673Despite the recent stock market downturn that sent the Dow Jones Industrial Average plummeting nearly 1,000 points, Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co (NYSE:JPM), remains unfazed. U.S. stocks fell sharply on Monday as concerns over a weakening economy emerged after a...
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Tech Stocks Lead Dow Jones Industrial Average To Largest Drop In Almost Two Years
Monday, August 5, 2024 - 7:32pm | 516Stocks declined across the board on Monday as investors worried that the U.S. economy was weakening after Friday’s cooler-than-expected jobs report. The Dow Jones Industrial Average fell 2.6%, or 1,034 points, and the S&P 500 shed 3%, or 160 points, to mark their greatest one-day losses...
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Markets Are 'Ripe For Negativity,' But Financial Expert Urges Investors To 'Pick Up Some Deals'
Monday, August 5, 2024 - 1:46pm | 732Financial markets are poised for a bumpy ride as they face a series of recent events that have led to a major selloff, analysts say. On Thursday, the Federal Reserve held off on cutting rates and then a cooler-than-expected U.S. jobs report landed on Friday while Iran threatened to attack Israel....
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Potential Iranian Attack On Israel Could Rattle Markets: What Happened To Stocks When Russia Invaded Ukraine?
Monday, August 5, 2024 - 11:08am | 571Global markets may fall into disarray if Iran follows through on its imminent threat to attack Israel, very much in the same way they did when Russia attacked Ukraine in late February 2022. Secretary of State Tony Blinken on Sunday informed G7 countries that Iran may attack Israel in retaliation...
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Dow Jones Extends All-Time Highs: Blue Chips Post Strongest 6-Day Gain Versus Tech Stocks In 22 Years
Wednesday, July 17, 2024 - 5:05pm | 562The Dow Jones Industrial Average Index reached a new record high of 41,198 points Wednesday, closing 0.6% higher and extending its winning streak to six consecutive sessions in the green. Blue-chip stocks, tracked by the SPDR Dow Jones Industrial Average ETF (NYSE:DIA), found a strong ally in July...
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Trump Shooting Recalls Memories Of Reagan Assassination Attempt: Here's How Markets React To Political Violence
Monday, July 15, 2024 - 1:21pm | 1110An assassination attempt on former President Donald Trump on July 13, 2024, is a leading headline for the stock markets to open the week and comes ahead of the 2024 presidential election. Here's a look back at how stock markets react to assassination attempts and deaths of former presidents and...
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Stock Markets Keep Hitting Record Highs: What's Driving The Action?
Tuesday, July 9, 2024 - 2:21pm | 455Stock markets continue to reach record highs lately, driven in great part by advances in the financial, consumer discretionary and utilities sectors. The Dow Jones Industrial Average (DJI) hit an all-time market-close high of 39,908 points on May 15. Since then, it has fallen to 38,112 points on...
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Day After Fourth Of July Is Historically A Down Day For US Stock Market
Thursday, July 4, 2024 - 10:36am | 360The day after the Fourth of July might be a better day to catch up on emails and phone calls rather than place bets on the market. According to Macrotrends data, the Dow Jones Industrial Average — a stock market index of 30 prominent companies listed on U.S. stock exchanges — has fallen on the...
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5 Biggest Winners, 5 Biggest Losers From Dow Jones Industrial Average In First Half 2024
Monday, July 1, 2024 - 6:38pm | 1063Broad stock market indexes like the S&P 500 hit all-time highs in the first half of 2024. The Dow Jones Industrial Average also hit all-time highs, but saw a smaller return in the first half of the year. Here's a look at the biggest gainers and laggards in the Dow Jones Industrial Average....
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Walgreens Faces Nasdaq 100 Ouster Amid Financial Woes; Super Micro Computer Eyed As Replacement: Report
Friday, June 28, 2024 - 12:17am | 689In a series of setbacks for Walgreens Boots Alliance Inc. (NASDAQ:WBA), the company is now at risk of being removed from the Nasdaq 100 index. The potential replacement is Super Micro Computer Inc. (NASDAQ:SMCI), which could mark another blow for the struggling pharmacy giant. What Happened:...
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Nvidia Reclaims $3 Trillion: 37% Of Benzinga Readers Nailed Prediction For Under A Month
Wednesday, June 26, 2024 - 3:35pm | 964Semiconductor giant Nvidia Corporation (NASDAQ:NVDA) briefly passed Microsoft Corporation (NASDAQ:MSFT) and Apple Inc (NASDAQ:AAPL) to become the most valuable company in the world last week. While the move was short-lived, a drop below the $3 trillion market capitalization also proved to be short-...