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US stock futures gained on Thursday, as investors continued to celebrate a dovish shift by the Federal Reserve that helped propel the Dow to a new all-time closing high. Futures on the Dow Jones ...
Futures on the Dow climbed 2.84%, while the S&P 500 rose 2.2%. The US dollar index hit its highest point since July. Cryptocurrencies, which are considered part of the so-called Trump trade ...
And the Dow shed more than 650 points, or 2%, to settle at 32,245.70. ... Stock futures head for a lower open. ... Houston to Jacksonville: Snow and ice forecast for the Gulf Coast.
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The multiplier for the Dow Jones is 5, essentially meaning that Dow Futures are working on 5-1 leverage. If the Dow Futures are trading at 10,000, a single futures contract would have a market value of $50,000. For every 1 point the Dow Jones Industrial Average fluctuates, the Dow Futures contract will increase or decrease $5.
The S&P 500 and Nasdaq Composite each closed down nearly 1%, while the Dow Jones Industrial Average shed 190 points, or 0.6%. All three indexes saw losses accelerate in the final hour of trading.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
The Dow rose just 15 points to narrowly break a 10-day losing streak, its worst in 50 years. The S&P 500 and the Nasdaq dipped again, with attention turning to Friday's PCE report.