Dow surges 900 points
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2d
Investor's Business Daily on MSNStock Market Today: Dow, S&P Under Pressure; This EV Stock Soars, And It's Not Tesla (Live Coverage)
The Dow Jones Industrial Average fell 0.3%, or around 120 points, pulled down by sinking Walmart shares. The 30-stock index was off its lows but remained below the 45,000 level. The S&P 500 gave up 0.3% and tested its 21-day exponential moving average. The S&P 500 is on pace for five straight losing sessions.
The Dow Jones Industrial Average was on track for its first record close since December on Friday after Federal Reserve Chair Jerome Powell opened the door to a September rate cut, sparking a broad stock-market rally.
Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
3d
Investor's Business Daily on MSNStock Market Today: Dow Ends Nearly Flat As Nasdaq Gets Hammered; Palantir, Nvidia Are Big Losers (Live Coverage)
The Dow Jones index closed slightly in positive territory. Nvidia, Palantir both sank Tuesday. A manufacturing services name sold off.
The Dow Jones Industrial Average is outpacing the other indexes on Tuesday, potentially on its way to a new record. The Dow was trading at 45,176.19, up about 0.6% on Tuesday. Part of this bump was due to the jump in shares from Home Depot.