Dow Flinches After $6 Trillion Asset Manager Screams ‘Melt-Up’

2019-4-16 16:35

By CCN: The Dow Jones rally looked like it planned to kick back into gear on Tuesday, as the stock market bellwether and its peers all assembled strong opens. However, the DJIA gave up nearly 100 points after the world’s largest asset manager warned that the markets could enter a worrisome trend – one that could potentially hamstring President Trump’s reelection campaign.

Dow Struggles After Strong Open The Dow Jones Industrial Average opened to triple-digit gains, briefly eclipsing the 26,500 mark. However, the Dow quickly pared its gains; by the closing bell the DJIA traded down to 26,452. 66 for a

The post Dow Flinches After $6 Trillion Asset Manager Screams ‘Melt-Up’ appeared first on CCN

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2018-12-28 01:00