Dow hits record high before falling back to Earth

The Dow Jones Industrial Average hit a new all-time high on Monday before turning negative but still closing at a record high as investors await inflation data for clues about the path the Federal Reserve might take in cutting interest rates. The Dow Jones Industrial Average rose 245 points to an intraday record of 41,420 […]

Dow soars over 400 points as Wall Street cheers Fed rate cuts are on the way

Stocks rose on Friday as dovish comments from Federal Reserve Chairman Jerome Powell bolstered expectations that the central bank will cut its key policy interest rate in September. The Dow Jones Industrial Average rose 462.30 points, or 1.1%, to 41,175.08, just 23 points off its all-time high. The S&P 500 rose 1.2%, and the Nasdaq […]

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 […]