Dow Nosedives as Nordea Strategist Warns Sell-Off Will Get Even Worse

2019-10-2 22:11

The Dow Jones took a mammoth beating on Wednesday, plunging as much as 550 points as investors endured a miserable ADP nonfarm private sector employment report. Tuesday’s ISM manufacturing reading had the stock market on edge, and today’s jobs numbers confirmed evident weakness in a previously strong US labor market.

Despite Donald Trump’s impeachment odds […]

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DOWCOIN (DOW) на Currencies.ru

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Fed Likely to Continue Cutting Rates into 2020: Wells Fargo

The stock market took a giant gulp of uncertainty over the weekend, sending the Dow Jones sharply lower on global economic slowdown fears. The attacks on the Saudi Arabian oil fields have roiled stocks and provided another catalyst for the Federal Reserve to slash interest rates, even if monetary policymakers can’t seem to do so […] The post Fed Likely to Continue Cutting Rates into 2020: Wells Fargo appeared first on CCN.com

2019-9-17 19:37


Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife

The Dow prepared to mount an aggressive recovery on Friday after multiple Fed officials appeared to signal the need for an even larger interest rate cut than Wall Street already expects. The index sped toward a substantial gain in the week’s closing session, even after the Fed clarified that at least one set of those […] The post Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife appeared first on CCN Markets

2019-7-20 16:38


Dow Surges Even Higher But Morgan Stanley Calls for 10% Crash

The Dow eagerly sped toward a fourth consecutive gain on Friday, just one day after the stock market bellwether zoomed past its previous record to close above 27,000 for the first time ever. But as Wall Street continues to bid up valuations more than a decade into this bull run, one Morgan Stanley executive warns […] The post Dow Surges Even Higher But Morgan Stanley Calls for 10% Crash appeared first on CCN Markets

2019-7-13 16:42


Dow Nervously Climbs Higher Despite Trump’s Iran Threat

The Dow nervously crept higher on Wednesday, even as President Trump lobbed another threat at Iran over its flagrant violation of the 2015 nuclear deal. Dow, S&P 500, and Nasdaq Target New Records All of Wall Street’s major indices sought to consolidate minor gains on Wednesday – and potentially even set new records before the […] The post Dow Nervously Climbs Higher Despite Trump’s Iran Threat appeared first on CCN Markets

2019-7-3 16:15