Nvidia replacing Intel in Dow Jones Industrial Average

S&P Dow Jones Indices announced Friday that Intel will lose its place in the Dow Jones Industrial Average after 25 years with Nvidia. This was the latest blow to the struggling semiconductor maker, which was one of the first two technology companies included in the blue-chip list. index. Intel, once the champion of chip manufacturing, […]

Dow plummets over 600 points on McDonald’s, Fed worries

Wall Street was buoyed by mega-cap stocks on Wednesday as corporate news put pressure on McDonald's and Coca-Cola, while U.S. Treasury yields rose and investors grew uncertain about the prospect of strong interest rate cuts by the Federal Reserve. led the decline and fell. The Dow Jones Industrial Average fell more than 600 points, dropping […]

Dow, S&P 500 hit all-time highs

Financial stocks rose sharply after banks reported strong quarterly results, while the latest inflation data raised expectations that the U.S. Federal Reserve would cut interest rates in November, leading to Friday's downturn. The S&P 500 closed at an all-time high. The Dow Jones Industrial Average rose 409.74 points, or 0.8%, to $42,863.86, above Wednesday's closing […]

Dow leaps over 400 points, S&P 500 hits all-time high

The Dow Jones Industrial Average rose more than 400 points on Wednesday as investors awaited minutes from the Federal Reserve's latest meeting, following the announcement that the U.S. is considering breaking up Google. Alphabet stock fell. In recent trading, the Dow Jones Industrial Average rose 361 points, or 0.9%, to $42,438. The blue-chip index closed […]