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The Dow Jones Industrial Average rose 3.6%. That performance marked the best day of trading for the Dow since 2022. The S&P 500 increased 2.5%, while the tech-heavy Nasdaq surged nearly 3%.
Futures for the Dow Jones Industrial Average climbed 956 points, or 2.2%, the S&P 500 gained 1.9%, and the Nasdaq added 1.7%. The so-called Trump trade rebounded after retreating Tuesday and Monday.
Dow Jones Industrial Average: 43,750.86, down 0.47% (-207.33 points) Nasdaq composite : 19,107.65, down 0.64% The slide comes after Powell signaled the Fed is in no rush to cut interest rates ...
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 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.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
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.
Annually, the largest cryptocurrency by market value is up more than 90% from its 52-week low of $35,027.44 hit on Nov. 6, 2023, according to Dow Jones Market Data. Click Here To Read More On Fox ...
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