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| 26 October, 2020, 06:08 AM IST | E-Paper
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    The Dow Jones Industrial Average (DJIA), or simply known as “Dow”, is a widely-watched benchmark index in the US for blue chip stocks. The DJIA is a price-weighted index that tracks 30 large, publicly-owned compa...The Dow Jones Industrial Average (DJIA), or simply known as “Dow”, is a widely-watched benchmark index in the US for blue chip stocks. The DJIA is a price-weighted index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange (NYSE) and the Nasdaq. The index was created by Charles Dow, the founder of the Wall Street Journal in 1896 to serve as a proxy for the broader US economy.The value of the index is the sum of the price of one share of stock for each component company divided by a factor, which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.It is the second-oldest US market index after the Dow Jones Transportation Average. In 2012, the Dow Jones Indexes were bought by S&P Dow Jones Indices LLC. It's a joint venture between S&P Global, the controlling member, and the CME Group.

    Dow Jones

    The Dow Jones Industrial Average (DJIA), or simply known as “Dow”, is a widely-watched benchmark index in the US for blue chip stocks. The DJIA is a price-weighted index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange (NYSE) and the Nasdaq. The index was created by Charles Dow, the founder of the Wall Street Journal in 1896 to serve as a proxy for the broader US economy.The value of the index is the sum of the price of one share of stock for each component company divided by a factor, which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.It is the second-oldest US market index after the Dow Jones Transportation Average. In 2012, the Dow Jones Indexes were bought by S&P Dow Jones Indices LLC. It's a joint venture between S&P Global, the controlling member, and the CME Group.

    Dow Jones subdued as wait for stimulus continues

    The Dow and the Nasdaq were weighed down by a 10.8% slump in chipmaker Intel Corp after it reported a drop in margins as consumers bought cheaper laptops and pandemic-stricken businesses and governments clamped down on data center spending.

    Dow Jones jumps at open on stimulus hopes

    The Dow Jones Industrial Average rose 158.93 points, or 0.57%, at the open to 27,940.63.

    Dow Jones opens higher as tech megacaps advance

    The Dow Jones Industrial Average rose 79.28 points, or 0.29%, at the open to 27,613.86.

    Wall Street closes higher, trade choppy as US stimulus talks eyed

    U.S. House of Representatives Speaker Nancy Pelosi reported progress in talks with the Trump administration for another round of financial aid and said legislation could be hammered out "pretty soon".

    S&P edges down in choppy session as U.S. stimulus talks drag on

    White House Chief of Staff Mark Meadows said that while there are a number of differences between the White House and Congressional Democrats, Republican President Donald Trump was "willing to lean into" working on an agreement.

    Markets are divesting you from fossil fuels

    In 2008 energy was the S&P 500’s second-largest sector by weight, right behind information technology. Energy, one of the S&P 500’s 11 sectors, is made up entirely of oil and gas and oilfield services companies in the index, and over the past 12 years its heft has diminished.

    Wall Street shares end higher on stimulus optimism

    Uncertainty over the coronavirus aid package weighed on Wall Street's main indexes on Monday and analysts expect market turbulence to increase with only two weeks left until Election Day.

    S&P 500, Dow close higher on vaccine update, retail sales beat

    The Dow also joined the S&P in positive territory, both indexes snapping a three-day losing streak driven by halted vaccine trials and continued wrangling in Washington over a new pandemic relief package. But the Nasdaq ended the session slightly lower.

    S&P 500 ends lower as investors eye stimulus impasse

    "Going into the fall it will be difficult for unemployment to make a lot of positive headway because of the lack of stimulus," said Christopher C. Grisanti, chief equity strategist, MAI Capital Management in Cleveland.

    Wall St ends down after Mnuchin dims stimulus hopes

    Downbeat comments from Treasury Secretary Steven Mnuchin that a deal would not likely be made before the vote added to fragile sentiment following a mixed bag of quarterly earnings reports from major Wall Street lenders.

    Apple and Amazon drive rally on Wall Street

    Amazon rallied 4.8% ahead of its annual Prime Day shopping event on Oct. 13 and 14. Microsoft jumped 2.6%, helping lift the S&P 500 information technology index 2.7%.

    Wall Street ends higher as Trump boosts hopes of stimulus

    The S&P 500 energy index led sector percentage gains, rising 3.8% on the day, following a jump in oil prices. The Russell 2000 small-cap index was up 1.1%

    Wall Street ends down 1% after Trump calls off coronavirus economic relief talks

    The S&P 500 fell to a session low shortly after the tweet, taking the index down more than 2% from its session high. Airline shares also tumbled, with United Airlines ending down 3.6% on the day, and the Cboe Volatility index climbed to a session high.

    Wall Street gains as Trump to leave hospital, investors hope for stimulus

    After data last week showed an unexpected slowdown in the domestic manufacturing sector in September, figures on Monday showed activity in the broader services industry pulled above levels that prevailed before the COVID-19 pandemic.

    Wall Street closes higher as stimulus talks progress

    But the indexes pared gains after Senate Majority Leader Mitch McConnell warned the sides remain "far apart" in their talks.

    Wall Street closes lower, ending 3-day rally ahead of U.S. presidential debate

    All three major U.S. stock indexes lost ground. In a reversal from Monday, market leaders Apple Inc, Microsoft Corp and Amazon.com weighed heaviest on the S&P 500 and the Nasdaq.

    Wall Street: DOW rallies over 450 points; tech, bank shares gain

    U.S. stocks jumped on Monday, bouncing back from the longest weekly losing streak in a year for the S&P 500 and the Dow, with technology, banks and travel shares leading the advance. All the 11 major S&P 500 sectors were up in early trading. The S&P 500 financials index jumped 2.6% and was on track for its best day in two and a half months.Wall Street: DOW rallies over 450 points; tech, bank shares gain

    Wall Street closes higher as energy, financials lead broad rally

    But energy and financials, which suffered the most bruising blows from the economic shutdown, enjoyed the largest percentage gains among major S&P 500 sectors, all of which ended the session in the black.

    Wall Street closes higher as tech rally squashes virus fears

    Investors started buying beaten-down shares after the Nasdaq entered corrective territory last week and the S&P 500 briefly broke that barrier earlier this week.

    Wall Street closes up on tech rally despite mixed signs on economic rebound

    Stocks also reacted positively to news of efforts to enact further stimulus in Washington, helping lift the S&P to a session high, although the index then turned negative before retracing some gains.

    Wall Street closes lower on fears of a slowing economy

    Wednesday's plunge came six months to the day that U.S. stocks on March 23 tumbled to their lowest point during the pandemic-induced selloff.

    Wall Street closes higher on Amazon boost, despite economic worries

    Amazon.com Inc jumped 5.7% after Bernstein upgraded the stock to "outperform," saying the company will continue to receive a boost from premium subscribers and third-party merchants even once the pandemic is contained.

    Wall Street ends lower on lockdown fears, likely delay of stimulus

    All the major S&P indexes were down, with energy leading declines as oil prices slid on the possible return of Libyan production and rising coronavirus cases.

    Wall Street posts 3rd week of declines as tech slide drags on

    It was the Nasdaq's first such weekly streak since August 2019, and S&P 500 and Dow's first since early October 2019.

    Wall St falls as tech sells off again, jobless claims still high

    Amazon.com Inc dropped 2.3% and Apple Inc fell 1.6%, making them the biggest drags on the S&P 500 and Nasdaq. Last week, the Nasdaq's losses put the index down 10% from its closing record, confirming a correction began on Sept. 2.

    Dow Jones retreats on slowing jobs growth, US-China friction

    With the benchmark index now about 1% below its record high, gains were led by utilities, communication services and real estate stocks. Energy was among the biggest decliners in morning trading.

    S&P 500 ends down after late reversal despite Fed's stance

    But the market reversed direction heading into the close, with technology shares leading the way down on the S&P 500. The tech sector, which had been recovering from a sharp sell-off, fell 1.6% on the day, the biggest drag on the benchmark index.

    Wall Street closes broadly higher on deal news, vaccine hopes

    Also, Pfizer Inc rose 2.6% after the drugmaker and German biotech firm BioNTech SE proposed to expand their Phase 3 pivotal COVID-19 vaccine trial to about 44,000 participants.

    Ahead of Market: 12 things that will decide stock action on Tuesday

    Ajit Mishra of Religare Broking said, the upbeat start of the earnings season combined with the favourable global cues has helped the markets to recover in the last two sessions.

    Wall Street ends lower as tech struggles resume

    The NYSE FANG+TM Index, which includes the core FAANG stocks, fell 1.8%, and all 11 sectors of the S&P 500 traded lower.

    Wall Street bounces as tech rebounds

    Other stay-at-home winners such as Facebook Inc and Google-parent Alphabet Inc also climbed, a day after the tech-heavy Nasdaq ended 10% below its Sept. 2 record closing high, commonly known as a correction.

    S&P 500 ends lower as investors eye stimulus impasse

    The Dow Jones Industrial Average fell 0.07% to end at 28,494.2 points, while the S&P 500 lost 0.15% to 3,483.34.

    Tech titans drag Dow Jones lower as virus cases mount

    High-flying companies Apple Inc and Microsoft Corp , which were pivotal in driving the stock market's recovery in recent months, fell 0.5% and 0.3% respectively.

    Dow Jones recoups losses as financials, energy gain

    The Dow Jones Industrial Average was down 1.73 points, or 0.01 per cent, at 25,444.21.

    Wall St closes lower on vaccine delay, dampened stimulus hopes

    Johnson & Johnson announced on Monday it was pausing clinical trials of a COVID-19 vaccine candidate due to an unexplained illness in a study participant. The delay weighed on the company's shares, even after its beat-and-raise earnings report. Its shares lost 2.3%.

    Wall Street ends lower as Nasdaq rout persists

    At its lowest point of the day the tech-heavy Nasdaq fell as much as 9.9% from its record high reached on Wednesday and the S&P 500 dipped briefly below its pre-crisis record, reached in February, although it too closed well off session lows.

    Apple and Amazon drive rally on Wall Street

    The S&P 500 was about 1% below its record closing high from Sept. 2, nearly recovering from most of a 9% pullback last month.

    Wall Street sinks as tech sell-off resumes

    The tech-heavy Nasdaq lost over 4% and the S&P 500 dropped below its February peak, as the indexes lost ground for the second straight day after hitting record closing highs on historic stimulus and a narrow rally in heavyweight technology stocks.

    Tech tumble jams Wall Street into reverse

    Markets had soared from March lows, powered by fiscal and monetary support hopes for a swift economic recovery. But some participants said investors had become too optimistic.

    Dow Jones climbs on upbeat economic outlook

    Tthe Dow Jones Industrial Average was up 154.52 points, or 0.59 per cent, at 26,234.62.

    S&P, Nasdaq close at record highs in tech-fueled rally

    Tuesday's rally added to Wall Street's fifth straight monthly gain and the S&P 500's strongest August advance in more than three decades, which was also mostly thanks to technology stocks and central bank support.

    Dow Jones flat after three-day rally

    The Dow Jones Industrial Average was down 25.50 points, or 0.10 per cent, at 26,264.48.

    Nasdaq ends higher while S&P 500 posts biggest August gain since 1986

    The Federal Reserve's commitment to tolerate inflation and keep interest rates low, positive developments in vaccines and treatments for COVID-19 and a rally in tech-focused stocks have helped the S&P 500 and Nasdaq hit record highs in August.

    S&P 500, Dow track second straight weekly gain on stimulus optimism

    Eight of the 11 major S&P indexes were up in morning trading, led by materials and information technology . Energy stocks dipped, but were still set for their biggest weekly percentage increase since June.

    Wall Street ends higher as Trump boosts hopes of stimulus

    The S&P 500 energy index led sector percentage gains, rising 3.8% on the day, following a jump in oil prices. The Russell 2000 small-cap index was up 1.1%

    Ahead of Market: 12 things that will decide stock action on Friday

    Chandan Taparia of MOFSL said, Nifty has to hold above 11,700 level to witness a further bounce towards 11,900 and 12,000 levels, while on the downside, major support exists at 11,600 level.

    Tech powers S&P 500 to record closing high, Dow now positive for the year

    All three major U.S. stock indexes ended the week higher than last Friday's close, marking the fifth consecutive weekly gains for the S&P and the Nasdaq.

    Ahead of Market: 12 things that will decide stock action on Thursday

    Rohit Singre of LKP Securities said the index has immediate hurdle around the 11,800 zone and if it manages to hold above the 11800 zone, then it may see a quick move towards the 12,000-mark.

    Wall Street closes higher on hope that partial coronavirus stimulus deal may occur

    After abruptly calling off negotiations on a comprehensive bill on Tuesday, President Donald Trump later that day urged Congress to pass a series of smaller, standalone bills that would include a bailout package for the airline industry battered by the coronavirus pandemic. Airline shares jumped.

    S&P, Dow close higher on new Fed inflation stance, COVID test hopes

    "The steepening of the yield curve is a welcome addition, particularly on a day where the market is rising," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts.

    Ahead of Market: 12 things that will decide stock action on Wednesday

    Chandan Taparia of MOFSL said the index has to hold above 11,500 level to witness a further up-move towards 11,800 and 12,000 levels, while on the downside, major support exists at 11,450 and then 11,333 levels.

    Wall Street closes higher as momentum stocks push S&P 500, Nasdaq to new highs

    Communications services led the 11 major sectors in the S&P in percentage gains.

    Dow Jones gains as investors cheer declining jobless claims

    The Dow Jones Industrial Average rose 27.64 points, or 0.11 per cent, at the open to 26,094.92.

    Dow Jones rises on rebound hopes despite jump in virus cases

    The Dow Jones Industrial Average was up 121.80 points, or 0.47 per cent, at 26,011.98.

    S&P 500, Nasdaq close at record highs on trade, vaccine developments

    That split, which will reduce Apple's weight in the Dow, prompted a reshuffle in the blue-chip industrial average, with Salesforce.com replacing Exxon Mobil Corp, Amgen Inc taking Pfizer Inc's spot, and Raytheon Technologies Corp ousted by Honeywell International Inc .

    Ahead of Market: 12 things that will decide stock action on Tuesday

    Mazhar Mohammad of Chartviewindia.in said, a close above 11,620 can strengthen bullish sentiment further by opening up new targets, which can be close to 11,800.

    Dow Jones jumps on surprise improvement in labor market

    The Dow Jones Industrial Average was up 868.73 points, or 3.31 per cent, at 27,150.55.

    S&P, Nasdaq close at new highs on Covid-19 treatment hopes

    The benchmark S&P 500 reclaimed its February closing high last week, confirming a bull market and the fastest recovery from a bear market trough on record.

    Dow Jones gains on surprise services data, China-led rebound hopes

    The Dow Jones Industrial Average was up 322.73 points, or 1.25 per cent, at 26,150.09.v

    Dow Jones gains on Boeing, recovery hopes

    The Dow Jones Industrial Average was up 251.67 points, or 0.98 per cent, at 25,994.32.

    Dow Jones scales fresh three-month peak

    The Dow Jones Industrial Average was up 168.85 points, or 0.66 per cent, at 25,643.87.

    S&P 500, Nasdaq end at records after upbeat business surveys

    US business activity snapped back to the highest since early 2019 in August, according to IHS Markit surveys, as companies in both manufacturing and services sectors saw a resurgence in new orders.

    S&P 500, Nasdaq end at records after upbeat business surveys

    U.S. business activity snapped back to the highest since early 2019 in August, according to IHS Markit surveys, as companies in both manufacturing and services sectors saw a resurgence in new orders.

    Wall Street closes sharply lower as Trump tests positive for coronavirus

    Tech shares weighed heaviest on the indexes, but the blue-chip Dow's losses were mitigated by gains in economically sensitive cyclical stocks.

    Nasdaq closes at all-time high as strong tech sector offsets jobless data

    Gains in Apple Inc - the only publicly listed U.S. company to cross the $2 trillion market value milestone - Amazon.com Inc and Microsoft Corp underpinned the three main indexes' gains as investors bet they would ride out the economic crisis.

    Wall Street ends lower after Fed minutes highlight tough recovery

    In the minutes of the July Fed meeting, the policy committee said that the swift rebound in employment seen in May and June had likely slowed and that additional "substantial improvement" in the labor market would hinge on a "broad and sustained" reopening of business activity.

    Dow Jones drifts higher on healthcare, tech lift

    The Dow Jones Industrial Average was up 109.08 points, or 0.43 per cent, at 25,657.35.

    Dow Jones gains as investors pin hope on stimulus-powered rebound

    The Dow Jones Industrial Average was up 344.20 points, or 1.38 per cent, at 25,359.75.

    Global stocks pull back as acrimonious U.S. debate stokes caution

    U.S. stock futures ground higher in Asian time during the debate but then retreated after Trump cast doubt on whether he would accept the election's outcome.

    Australia shares slump as Trump-Biden debate stokes caution

    The S&P/ASX 200 index ended 2.3% lower at 5,815.9, posting their third straight session in the red. The benchmark snapped a five-month winning streak, and lost 1.4% during the quarter.

    Nasdaq hits record high close due to tech rally

    The benchmark S&P 500 reached just shy of its Feb. 19 intraday record high after testing that level for much of last week, while the Dow Jones was weighed down by losses in financial and industrial stocks.

    Ahead of Market: 12 things that will decide stock action on Tuesday

    The present upside bounce could stretch up to maximum 11,400-11,500 levels by this or next week, before showing next round of weakness from the highs. Immediate support is now placed at 11,050.

    Dow Jones slumps on virus worries, grim economic forecast

    The Dow Jones Industrial Average was down 511.17 points, or 1.95 per cent, at 25,644.93.

    S&P 500 ends almost flat as record remains elusive

    Aggressive stimulus measures have helped the three main U.S. stock indexes bounce back from a coronavirus-driven crash in March. The benchmark index at one point on Friday was up 0.15% to 3,378.51 but retreated to close very marginally lower.

    Dow Jones gains on signs of economic recovery, Nasdaq hits record high

    The Dow Jones Industrial Average was up 171.55 points, or 0.66%, at 26,196.51.

    Dow Jones treads water as virus cases rise; techs shine

    The Dow Jones Industrial Average was up 21.37 points, or 0.08 per cent, at 25,892.83.

    S&P 500 ends down slightly after flirting with record levels again

    Wall Street has recovered most of the trillions in market capitalization lost during the start of the pandemic and the Nasdaq was the first of the three major indexes to hit a record high in June. The Dow remains below its February peak.

    Dow Jones steady after mixed retail earnings

    The Dow Jones Industrial Average was down 64.58 points, or 0.26 per cent, at 24,532.79.

    Dow Jones soars on hopes of stimulus, coronavirus vaccine

    The Dow Jones Industrial Average was up 767.76 points, or 3.24 per cent, at 24,453.18.

    S&P 500, Dow snap 7-day winning streak as concern mounts over stimulus deal

    Both indexes had been higher for much of the session, and the S&P 500 came within striking distance of its closing record high from February, before the onset of the coronavirus crisis in the United States that caused one of Wall Street's most dramatic crashes in history.

    US stocks fall as weak economic outlook weighs on investor sentiment

    The S&P 500 and the Dow opened lower on Friday, extending their longest losing spree in a year as fears about the outlook for the economy in a future still dominated by the coronavirus weighed on investor sentiment. The Dow Jones Industrial Average fell 120.93 points, or 0.45%, at the open to 26,694.51, while the S&P 500 opened lower by 9.93 points, or 0.31%, at 3,236.66.US stocks fall as weak economic outlook weighs on investor sentiment

    Wall Street closes up on tech rally despite mixed signs on economic rebound

    The wild session indicated caution was in store, said Dennis Dick, a trader at Bright Trading LLC, who warned market sentiment that drove momentum has sharply changed.

    S&P 500 ends up slightly, tech-related shares underperform value

    Value stocks, which tend to outperform growth coming out of a recession, have gotten a lift in recent days. The Russell 1000 value index rose 0.9% on Monday, while the Russell 1000 growth index fell 0.5%.

    Dow Jones muted as virus cases rise, jobless claims weigh

    Dow Jones Industrial Average was down 2.98 points, or 0.01 per cent, at 26,116.63.

    Dow Jones falls on Powell's grim outlook

    The Dow Jones Industrial Average was down 307.23 points, or 1.29 per cent, at 23,457.55.

    Dow Jones subdued on risks linked to reopening of economy

    The Dow Jones Industrial Average was up 54.56 points, or 0.23 per cent, at 24,276.55.

    Dow Jones slips on fear of new infection wave

    The Dow Jones Industrial Average was down 217.25 points, or 0.89 per cent, at 24,114.07.

    Wall Street gains as markets look to aid package, Nasdaq closes above 11,000

    Tech and tech-related heavyweight stocks such as Apple , which rose 3.49% and Facebook, up 6.49% helped pace gains on the indexes. The tech-heavy Nasdaq clinched a new record high in early trading, and closed above the 11,000-mark for the first time after initially climbing above it on Wednesday.

    Dow Jones rises after biggest pullback since March

    The Dow Jones Industrial Average was up 190.90 points, or 0.76%, at 25,319.07.

    Wonderful world of Disney earnings surprise boosts Wall Street

    Walt Disney Co's shares jumped 8.80%, to put it among the biggest boosts to the S&P 500 and Dow. The stock notched its biggest daily percentage gain since March 24 as revenue declines for Disney parks and media networks were not as bad as feared.

    Dow Jones slumps 5% on fears of spurt in virus infections, economic worries

    The Dow Jones Industrial Average was down 1,355.81 points, or 5.02%, at 25,634.18.

    Dow Jones gains on optimism over easing lockdowns

    The Dow Jones Industrial Average was up 60.78 points, or 0.25 per cent, at 23,943.87.

    Wall Street ends higher as investors eye stimulus

    Apple climbed 0.7%, up for a fifth straight session as investors cheered the iPhone maker's blowout quarterly report last week. The Silicon Valley heavyweight is around $120 billion away from becoming the first U.S. publicly listed company with a stock market value of $2 trillion.

    Dow Jones retreats ahead of Fed outlook; Nasdaq hits new high

    The Dow Jones Industrial Average was down 194.34 points, or 0.71 per cent, at 27,077.96.

    Dow Jones retreats after rally; Nasdaq gains further

    The Dow Jones Industrial Average was down 161.01 points, or 0.58 per cent, at 27,411.43.

    Wall Street jumps as traders eye M&A and stimulus

    Microsoft jumped 4% on saying it would push ahead with talks to acquire the U.S. operations of Chinese-owned TikTok after President Donald Trump reversed course on a planned ban of the short-video app.

    Wall Street falls as tech sells off again, jobless claims still high

    Last week, all three major U.S. stock indexes posted a second straight week of declines as investors sold tech-related names that had powered the S&P 500 to record highs in a dramatic rally from the March lows.

    Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags

    Apple Inc shares surged 10.5% to close at a record $425.04 in the wake of blowout quarterly results and a four-for-one stock split announcement.

    S&P dips on worries about earnings, data, stimulus and election

    Investors also worried about the expiration of enhanced employment benefits on Friday as U.S. Congress was no closer to a deal on Thursday to extend or replace the extra $600-per-week in payments to tens of millions thrown out of work by the coronavirus.

    Wall Street closes higher after Fed vows more support for the virus-battered economy

    At the end of its two-day policy meeting the Fed said it will keep its interest rate target range until it is confident the economy has weathered the coronavirus pandemic and is on track for maximum employment and price stability goals.

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