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Dow surges 400 points, strong retail sales data ease fears of slowdown

The Dow Jones Industrial Average surged more than 500 points and the Nasdaq Composite rose 2% after July retail sales data showed strong consumer spending, easing concerns that the world’s largest economy could slip into recession in the near future. The Dow Jones Industrial Average rose 554 points, or 1.4 percent, to 40,563.06. The S&P […]

Dow jumps 600 points, S&P and Nasdaq roar higher as recession fears ease

In “Cavuto: Coast to Coast,” former St. Louis Federal Reserve Bank President and CEO James Bullard discusses whether central banks should worry about how markets will react to their decisions. U.S. stocks rose on Thursday as new jobless claims figures eased investor fears of an imminent economic downturn, providing some cheer to a turbulent week […]

Dow jumps over 500 points as Wall Street rebounds after Monday’s bloodbath

Stocks rose sharply on Tuesday, ending a three-day losing streak, as recent comments from Federal Reserve officials eased fears of a U.S. recession and investors flooded back into the market after a dramatic sell-off the previous day. The Dow Jones Industrial Average pared gains after rising more than 700 points during intraday trading. After dropping […]

Stock markets rebound, Dow Jones up 300+ points

The stock market fell more than 1,000 points on Monday, in one of its biggest drops since the coronavirus pandemic shut down the economy, before recovering Tuesday morning. In morning trading on Tuesday, the S&P 500 stock index rose more than 60 points, or 1.3%, while the Dow Jones Industrial Average rose more than 300 […]

Dow plunges 1,000 points

Business and Economics Full text   Elon Musk files new lawsuit against OpenAI and Sam Altman Elon Musk filed a new lawsuit against OpenAI and its CEO Sam Altman on Monday, reviving an earlier legal effort against the giant artificial intelligence (AI) company he helped found. Full text   Delta Air Lines suspends August flights […]

Dow sinks 1000 points as tech woes, currency markets shake investors

Stock markets took a big hit on Monday as investors sold shares in U.S. companies and unwrapped positions in the Japanese yen, which has strengthened against the dollar after the Bank of Japan raised interest rates. The Dow Jones Industrial Average, which is made up of the largest U.S. companies, closed down 1,033 points, or […]