Stock Market Today: Dow Pops Nearly 200 Points
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The stock market was on track to snap its three-day skid on Friday in the wake of the latest inflation report. The Dow Jones Industrial Average rose 340 points, or 0.7%. The S&P 500 was up 0.5%. The Nasdaq Composite was up 0.4%.
Weekly jobless claims fall, while monthly durable goods orders bounce back
Dow Inc. stock is down 56% amid high costs and weak demand. Click for why I see DOW offering a buy opportunity as recovery is expected from 2025.
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The Stock Market Is on the Verge of Doing Something Observed Only 2 Previous Times in 154 Years
As of the closing bell on Sept. 15, the S&P 500's Shiller P/E clocked in with a multiple of 39.78. This represents the third-highest multiple during a continuous bull market when back-tested to January 1871 and is a 130% premium to the average multiple of 17.28 over the last 154 years.
Shares of Kenvue Inc. slid 4.09% to $16.17 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.50% to 6,604.72 and Dow Jones Industrial Average falling 0.
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Stock Market Today: Dow Leads In Afternoon Rally; Bitcoin Names Hit On Downgrades (Live Coverage)
The Dow Jones index rises Friday after Fed inflation data. Two bitcoin mining stocks fell after a J.P. Morgan downgrade.
U.S. stock futures were wavering on Thursday as the market focuses on how quickly the Federal Reserve is likely to lower interest rates. Dow Jones Industrial Average futures were up 39 points, or 0.1%.
US stocks were on track for their third day of losses as bond yields spiked and AI excitement wore thin.