Tag: Dow Jones

Dow Retreats to Low 19,900 Region After Scraping 20,000 Mark

Dow Retreats to Low 19,900 Region After Scraping 20,000 Mark

The Dow Jones Industrial Average was holding at 19903.60 at 14:15 EST after a day of decline in the first trading session subsequent to the index scraping the coveted 20,000 mark by less than a decimal point in Friday's trading session. After weeks of sporadic increase the prospect of 'Dow 20k' entered the minds of … Continue reading Dow Retreats to Low 19,900 Region After Scraping 20,000 Mark

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Optimism High of Dow 20,000 in Next Trading Week

Optimism High of Dow 20,000 in Next Trading Week

The Dow Jones Industrial Average came within a decimal point of reaching the coveted 20,000 mark Friday, after a poor start to the trading session. Since late November traders and analysts have been predicting the Dow to hit the 20,000 mark each week, to no avail. However, on Friday the index rose within a decimal … Continue reading Optimism High of Dow 20,000 in Next Trading Week

Dollar Reverses Losses Against Pound from Previous Trading Sessions

Dollar Reverses Losses Against Pound from Previous Trading Sessions

The dollar rose against many of the currencies it sustained losses against in the wake of Wednesday's release of minutes from the Feds December meeting, from which investors and analysts were attempting to deduce the possibility of an interest rate increase in 2017. Despite incurring a significant drop against the British pound in the two … Continue reading Dollar Reverses Losses Against Pound from Previous Trading Sessions

Dow Nears the 20,000 Mark

Dow Nears the 20,000 Mark

Whilst wage gains remained historically moderate, the 2.9% increased experienced in December 2016, as revealed in the U.S. jobs report issued Friday, aided in pushing U.S. stocks higher, and the Dow within single-digit points of the 20,000 mark. Many U.S. stocks surged on the U.S. wage growth revealed in the jobs report this Friday regarding December 2016. … Continue reading Dow Nears the 20,000 Mark

Dow Falls Further from 20,000, Reversing Recent Gains

Despite a series of modest rises over the past three consecutive trading sessions, the Dow has again dropped further from the 20,000 mark, despite a continued weakening of the U.S. dollar against many major currencies. Although gains had been made in the trading sessions of Monday, Tuesday and Wednesday of this week, the reversal of the … Continue reading Dow Falls Further from 20,000, Reversing Recent Gains

Buoyancy From Weak Dollar Pushes Gold Higher

The rise of many dollar-denominated commodities in Wednesday's trading session has continued into Thursday's, with a rise of 1.64% to 1,182.01 at 16:52 GMT. A falling dollar aided in pushing many dollar-denominated commodities higher in Wednesdays trading session, subsequent to the release of minutes from the Feds December meeting. With traders and analysts eager to detect … Continue reading Buoyancy From Weak Dollar Pushes Gold Higher

Dow and S&P 500 Indices Rise in Wake of Fed Minutes

Dow and S&P 500 Indices follow the trend assumed by many U.S. stocks and shares in the wake of the release of minutes from the Feds December meeting. Posting continued gains from a rising streak maintained since 6 November 2016, the S&P 500 posted gains of 0.56% at 20:00 GMT, climbing to 2,264.94, as many U.S. stocks and … Continue reading Dow and S&P 500 Indices Rise in Wake of Fed Minutes