The New York Stock Exchange (NYSE) closed Monday mostly on big gains, after BioNTech and Pfizer announced a 90% success for their newly-developed Coronavirus vaccine. The Dow Jones Industrial Average saw its best gains since June 5 and added 834.6 points, or 2.95%, to close at 29,157.97 points. The S&P …
Read More »S&P 500 Soars to All-time High
The S&P 500 reached a new record high on Monday after Pfizer announced the Corona vaccine, which is more than 90% effective in preventing Covid-19, per Pfizer. At the time of writing, the index increased by 3.75% to 3,640. Meanwhile, the Dow Jones Industrial Average reached an all-time high, up …
Read More »S&P 500 Futures Hit Record High on Pfizer’s Vaccine Hopes
US stock futures jumped sharply in the past hour after the pharmaceutical company Pfizer announced that its coronavirus vaccine, in cooperation with German BioNTech, was more than 90% effective in preventing infection. As an initial market response, S&P 500 futures rose to a new record high at 3648. In addition, …
Read More »NYSE Closes Higher Despite Elections Uncertainty
The New York Stock Exchange (NYSE) closed Thursday higher, despite uncertainty about the results of the United States presidential elections. The Dow Jones Industrial Average increased by 542 points, or 1.95%, to close at 28,390.18 points. The S&P 500 gained 67.01 points, or 1.95%, and finished at 3,510.45 points. The …
Read More »NYSE Declines as COVID-19 Cases Rise
The New York Stock Exchange (NYSE) closed on Tuesday mostly lower, amid concerns about another wave of the Coronavirus pandemic, while tech stocks registered a good performance. The Dow Jones Industrial Average declined by 222.2 points, or 0.8%, and closed at 27,463.2 points. The S&P 500 index fell by 10.29, …
Read More »NYSE Ends Lower as Investors Await Stimulus
The New York Stock Exchange (NYSE) closed lower on Wednesday, amid anticipation for a new stimulus package. The Dow Jones Industrial Average finished lower by 97.97 points, or 0.35%, at 28,210.82 points. The S&P 500 index declined by 7.56 points, or 0.22%, to settle at 3,435.56 points. The Nasdaq Composite …
Read More »NYSE Opens Higher on Tech Gains
The New York Stock Exchange (NYSE) opened higher on Wednesday, supported by the gains of tech companies, and despite mixed financial results by large banks. The Dow Jones Industrial Average added 51.49 points, or 0.18%, to 28,731.30 points. The S&P 500 gained 3.54 points, or 0.10%, to reach 3,515.47 points. …
Read More »NYSE Closes Higher on Investors’ Optimism
The New York Stock Exchange (NYSE) closed Monday higher, opening the week with a positive performance supported by positive news about the health of US President Donald Trump, who is reportedly preparing to return to the White House. In addition, Wall Street remains in anticipation for a new stimulus package …
Read More »NYSE Logs First Monthly Decline since March
The New York Stock Exchange (NYSE) closed higher on Wednesday, as Wall Street investors seem to ignore the first Presidential debate, which took place last night. In addition, talks between the Treasury Secretary Steven Mnuchin and the Speaker of the House, Nancy Pelosi, renewed hopes for a new stimulus package …
Read More »S&P 500 and Dow Continue Their Longest Losing Streak in a Year
The S&P 500 Index and the Dow opened lower on Friday, continuing their longest losing streak in a year as concerns about the economy’s outlook for a future dominated by the Coronavirus remain, putting pressure on investor sentiment. The Dow Jones Industrial Average fell 120.93 points, or 0.45%, to 26,694.51 …
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