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US stocks surged on Friday with the Dow Jones rising 426 points amid risk-on trade momentum. Bitcoin neared $100,000, driving speculative asset interest alongside stock market gains.
Bloomberg economists had forecast starts slipping to a rate of 1.740 million units. Permits for future homebuilding increased 0.4% to a rate of 1.873 million units last month.
The Dow Jones Industrial Average tumbled 482 points, or 1.4%, to 33,597.00. Both indexes closed at their lowest levels this year so far. The Nasdaq Composite fell as much as 1.2%, or 166 points ...
First calculated on May 26, 1896, [2] the index is the second-oldest among U.S. market indices, after the Dow Jones Transportation Average. It was created by Charles Dow, co-founder of both The Wall Street Journal and Dow Jones & Company, and named after him and his business associate, statistician Edward Jones.
As of Tuesday's market close, the Dow has been down for nine days in a row. (Michael Nagle/Bloomberg/Getty Images) The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6% ...
In January 2005, Dow Jones & Company acquired the company for $528 million, or $18 per share. [9] In May 2016, MarketWatch hired Dan Shar as general manager. [10] In October 2020, MarketWatch announced that it would become a paywalled subscription-based publication, in order to "raise the ambitions of our journalism". [11]
The Dow Jones Industrial Average rose to an all-time high during Wednesday's session, reaching as much as 35,632.94. This marked the Dow's first record since Aug. 16. A more than 2.5% jump in ...
The largest point drop in history occurred on March 16, 2020, when concerns over the ongoing COVID-19 pandemic engulfed the market, dropping the Dow Jones Industrial Average 2,997 points. The largest point gain (+2,113) occurred on March 24, 2020.