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The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more than 2.5%. Tesla fell 6% after reporting deliveries.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%. ... Download the ...
As our Chart of the Week shows, the firm’s base case for 2025 shows continued quarters of 2% GDP growth, a respectable outlook by any measure. But, as BofA’s team pointed out, “Our base case ...
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The Dow Jones Composite Average is the stock market index composed of 65 prominent companies traded on both exchanges, maintained and tracked by S&P Dow Jones Indices.The average's components include every stock from the Dow Jones Industrial Average (30 components), the Dow Jones Transportation Average (20), and the Dow Jones Utility Average (15).
The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets (stocks, bonds, futures, etc.). [1] The patterns are characterized by a clear direction of the price trend, followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. [2]
The S&P 500 closed out its worst week since March 2023, dropping about 4% in the week, while the Nasdaq 100 dropped nearly 6%. The US economy added 142,000 jobs in August , below the average ...
Technical Analysis of Stocks & Commodities was founded in 1982 by Boeing mechanical engineer Jack Hutson who wanted people to learn about technical analysis. Hutson had a brief foray in the stock market in the late 1960s and bought two additional houses in the 1970s before returning to securities in 1980. Using his engineering and analytic ...