The main indices of Wall Street closed lower on Wednesday, due to mixed financial results by big banks, and worries about the second wave of the Coronavirus (COVID-19) pandemic. In addition, hopes for a new stimulus package were subdued after remarks by the US Treasury Secretary suggested that a new …
Read More »Wall Street Closes in Red
The New York Stock Exchange (NYSE) closed lower on Tuesday, amid worries for the second wave of the Coronavirus (COVID-19) pandemic and the effectiveness of its new remedies. The Dow Jones Industrial Average lost 157.7 points, or 0.55%, to close at 28,679.81 points. S&P 500 lost 22.3 points, or 0.63%, …
Read More »Wall Street Closes on Large Gains
Wall Street finished Monday in gains, for the fourth consecutive session, amid anticipation for earnings reports by some of listed companies. The Dow Jones Industrial Average closed higher by 250.62 points, or 0.9%, at 28,837.52 points The S&P 500 increased by 57.09 points, or 1.6%, and ended at the level …
Read More »Wall Street Gains at Open on Tech And Stimulus Optimism
The main indexes on Wall Street opened higher on Monday, while the Nasdaq index, teeming with tech companies, jumped more than 1% as sentiment was boosted by optimism about an agreement in Washington on more financial support ahead of the start of the quarterly earnings announcement season. The Dow Jones …
Read More »Wall Street Closed Higher as Stimulus Talks Continued
US stocks closed higher on Friday, October 9th, as the S&P 500 and Nasdaq posted their biggest weekly percentage gains since July, amid growing optimism about more financial aid. Talks on a coronavirus-related stimulus package are expected to continue, even though House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin …
Read More »Wall Street Rises at The Open on Stimulus Optimism
Wall Street’s major indexes rose at the open, putting the S&P 500 and the Dow on track for its second consecutive weekly gain on hopes of more financial aid and growing expectations for a Democratic victory in next month’s presidential election. The Dow Jones Industrial Average rose 108.10 points, or …
Read More »NYSE Ends Higher on Stimulus Hopes
The New York Stock Exchange (NYSE) closed Wednesday higher on the back of renewed hopes for a stimulus package by the Congress. The Dow Jones Industrial Average surged by 530.70 points, or 1.91%, to finish at 28,303.46 points. S&P 500 closed higher by 58.50 points, or 1.74%, at 3,419.45 points. …
Read More »Wall Street Narrow Weekly Gains on Trump News
The New York Stock Exchange (NYSE) closed lower on Friday, as Wall Street saw fluctuations after the President of the United States, Donald Trump, and his wife, tested positive for COVID-19. The Dow Jones Industrial Average lost 134.09 points, 0.5%, to close at 27,682.81 points, but rose by 1.9% for …
Read More »Wall Street Plunged After Trump
Major indexes tumbled on Wall Street at the open after President Donald Trump had tested positive Coronavirus weeks before the presidential election, while sentiment is also affected by the fiscal stimulus and a distant slowdown in the domestic economic recovery. The Dow Jones Industrial Average fell 280.51 points, or 1.01%, …
Read More »Wall Street Closes in Green
The New York Stock Exchange (NYSE) finished higher on Thursday, amid anticipation for a new economic stimulus package. The Dow Jones Industrial Average increased by 35.2 points, or 0.1%, and closed at 27,816.90 points. The S&P 500 index closed higher by 17.8 points, or 0.5%, at 3,380.8. The Nasdaq Composite …
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