Dow Targets 27,000 as Iran War Tensions Boost Energy Stocks

2019-6-22 18:14

By CCN Markets: The Dow diverged from the broader U. S. stock market on Friday and was last seen eyeing its fifth consecutive gain as rising oil prices pushed energy blue-chips higher. Dow Edges Higher; S&P 500, Nasdaq Slip The U.

S. stock market opened slightly lower on Friday, reflecting a tepid pre-market for Dow futures following a record-setting rally during the previous session. The Dow Jones Industrial Average climbed 58. 52 points, or 0. 2%, to 26,811. 69, its highest level of the year. Chevron Corp (NYSE: CVX) was the Dow’s top performer, gaining 1. 4%. Exxon Mobil Corp (NYSE: XOM), another energy blue-chip, rose

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Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

  By CCN Markets: The Dow and broader U. S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session and mirroring a slow morning for Dow futures.

2019-6-13 22:19