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The 30-stock index rose 243.63 points, or 0.59%, for a fresh record close of 41,335.05. Gains in Goldman Sachs , Intel and Visa helped lift the blue-chip average to a new high.
Brent crude, the international benchmark, dropped 2.61% to $76.76 a barrel. Gold was lower by 1.03% to $2,533.90 an ounce. The 10-year Treasury yield jumped five basis points to 3.917%.
Meanwhile, Nvidia's largest-ever stock split (10-for-1) in June paved the way for it to become one of the 30 components in the Dow. Without this split, Nvidia would be pushing close to $1,400 per ...
The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, [2] the index is the second-oldest among U.S. market indices, after the Dow Jones Transportation Average.
The index shed over 250, trailed by a loss of 0.43% and 0.51% for the S&P 500 and Nasdaq Composite, respectively. The Dow has lost 2.8% since the start of December.
The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. [2] The marketwatch.com domain name was registered on July 30, 1997. [3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer [2] and co-founder and chairman, Derek Reisfield. [4]
The Dow jumped more than 450 points and the S&P 500 inched up. A decline in some mega-cap tech names weighed on the Nasdaq. Stock market today: Dow soars 461 points while Nasdaq wavers as tech ...
US stocks fell Monday, with the Dow down as much as 500 points and the Nasdaq 100 off nearly 5% from its peak. Rising interest rates over the past month have weighed on stock prices.