Browsing Tag

S&P 500 Index

Bear market rally or new bull? Breaking down the market after another winning week

Serdar Imren May 24, 2020 0

But that classification of a bear market encompasses everything from the 1987 crash and the quick 1962 tumble that became a mere footnote in the post-1950 advance, to the grinding multi-year ordeals…
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Finance

S&P 500 closes at highest since early March as Facebook and Amazon hit records, Dow up 300…

Emily Sandra May 24, 2020 0

The Dow Jones Industrial Average closed 369.04 points higher, or 1.5%, at 24,575.90. The S&P 500 advanced 1.7% to 2,971.61, its highest closing level since March 6. The Nasdaq Composite outperformed, rallying…
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Finance

Dow drops more than 300 points in final hour as retailers, bank stocks slide

Emily Sandra May 23, 2020 0

The Dow Jones Industrial Average dropped 390.51 points, or 1.6%, to close at 24,206.86. The S&P 500 slid 1.1% to 2,922.91 while the Nasdaq Composite lost 0.5% and closed at 9,185.10. The major averages were under…
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Finance

Stock futures dip, China drops GDP target

Emily Sandra May 23, 2020 0

Oil prices moved lower on Friday after China abandoned its 2020 GDP target, fueling concerns that petroleum-product demand will remain depressed in the world's second-largest oil user. West Texas Intermediate dipped 5.6%, or…
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