The Dow Jones Industrial Average (DJIA), or simply known as “Dow”, is a widely-watched benchmark index in the US for blue chip stocks. The DJIA is a price-weighted index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange (NYSE) and the Nasdaq. The index was created by Charles Dow, the founder of the Wall Street Journal in 1896 to serve as a proxy for the broader US economy.The value of the index is the sum of the price of one share of stock for each component company divided by a factor, which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.It is the second-oldest US market index after the Dow Jones Transportation Average. In 2012, the Dow Jones Indexes were bought by S&P Dow Jones Indices LLC. It's a joint venture between S&P Global, the controlling member, and the CME Group.
The Dow Jones Industrial Average was down 64.58 points, or 0.26 per cent, at 24,532.79.
The Dow Jones Industrial Average was up 767.76 points, or 3.24 per cent, at 24,453.18.
The Dow Jones Industrial Average was down 307.23 points, or 1.29 per cent, at 23,457.55.
The Dow Jones Industrial Average was up 54.56 points, or 0.23 per cent, at 24,276.55.
The Dow Jones Industrial Average was down 217.25 points, or 0.89 per cent, at 24,114.07.
The Dow Jones Industrial Average was down 137.22 points, or 0.56 per cent, at 24,336.90.
The Dow Jones Industrial Average was down 56.38 points, or 0.23 per cent, at 24,519.52.
The Dow Jones Industrial Average was up 60.78 points, or 0.25 per cent, at 23,943.87.
The Dow Jones Industrial Average was down 203.84 points, or 0.86 per cent, at 23,421.50.
The Dow Jones Industrial Average was down 55.31 points, or 0.24 per cent, at 23,192.66.
The Dow Jones Industrial Average was up 370.42 points, or 1.56 per cent, at 24,120.18.
The Dow Jones Industrial Average was down 207.46 points, or 0.87 per cent, at 23,516.23.
JPMorgan Chase & Co and Wells Fargo & Co will kick off the reporting season on Tuesday.
The Dow Jones Industrial Average was down 216.97 points, or 0.88 per cent, at 24,416.89.
The Dow Jones Industrial Average was up 546.59 points, or 2.27 per cent, at 24,648.14.
The Dow Jones Industrial Average was up 293.23 points, or 1.23 per cent, at 24,068.50.
The Dow Jones Industrial Average was up 381.54 points, or 1.58 per cent, at 24,588.40.
Dow Jones Industrial Average was up 311.01 points, or 1.32 per cent, at 23,786.83.
Dow Jones Industrial Average was up 417.04 points, or 1.81 per cent, at 23,435.92.
Dow Jones Industrial Average was down 657.32 points, or 2.78 per cent, at 22,993.12.
Dow Jones Industrial Average was down 211.69 points, or 0.87%, at 24,030.80.
The S&P 500 has now regained about 30 per cent from a March trough and is set for its third weekly gain in four
Analysts expect earnings for S&P 500 firms to slide 12.8% in the first quarter.
The Dow Jones Industrial Average sank 2.2 percent, or more than 500 points, to 23,247.97.
The Dow Jones Industrial Average was up 344.39 points, or 1.44 per cent, at 24,220.28.
The Dow Jones Industrial Average was up 325.75 points, or 1.38 per cent, at 23,990.39.
Data showed initial U.S. jobless claims fell slightly last week to 6.6 million from an upwardly revised 6.87 million the week before.
The Dow Jones Industrial Average rose 779.71 points, or 3.44%, to 23,433.57.
Economists have cut their forecasts for US GDP, with Morgan Stanley now predicting a 38% contraction in the second quarter.
The Dow Jones Industrial Average fell 224.94 points, or 0.92 per cent, at the open to 24,120.78.
On Tuesday, US President Donald Trump warned Americans of a "painful" two weeks ahead.
A record $2.2 trillion in aid and unprecedented policy easing from the Federal Reserve helped the S&P 500 post its biggest weekly percentage gain in over a decade last week, and the Dow Jones its best since 1938.
The United States surpassed China as the nation with the most number of COVID-19 cases, putting more pressure on lawmakers to flood the country with cash to support businesses and families.
Trump made clear his concerns about China's role in the origin and spread of the novel coronavirus were taking priority over efforts to build on an initial trade agreement.
The CBOE volatility index fell 5 points on Thursday, but was still near levels far above those in 2018 and 2019.
All are well within 20% of their record levels, with the tech-heavy Nasdaq now within 10% of its high.
The Dow Jones Industrial Average rose 1,130.26 points, or 6.08%, at the open to 19,722.19.
President Trump, in a now regular update for Americans hunkered down in their homes, said there were therapies that he believed could be rolled out quickly.
Cautious optimism on Wall Street propelled US stocks to a positive finish on Friday, despite mounting evidence of the coronavirus pandemic's deep damage to the American economy.
Wall Street stocks rallied Tuesday on expectations for massive federal stimulus to address the economic hit from the coronavirus, partially recovering some of their losses from the prior session.
The halt at the opening was the third emergency pause in Wall Street trading in six days.
The rally recouped many of the losses from a day earlier, when the index experienced its worst slide since the Black Monday crash of 1987 and European indexes had one of the worst drops on record.
US stock markets have recovered in the past month after slumping more than 30% from their February record highs.
Wall Street's volatility index has retreated from 12-year highs but is still at levels rarely seen since the global financial crisis.
AstraZeneca also received $1 billion from the US government’s Biomedical Advanced Research and Development Authority (BARDA) for the development, production and delivery of the vaccine, starting in September. The development programme includes a Phase-III clinical trial with 30,000 participants and a paediatric trial. The vaccine is currently undergoing Phase-I and II trials.
A 4.7% fall for Boeing Co drove the blue-chip Dow Jones Industrials down more than 1%.
The major indexes fell over 3 per cent. On Wednesday the market tallied huge gains following moderate Joe Biden's success in the Super Tuesday primaries for the Democratic presidential nomination.
Wall Street stocks ended lower on Tuesday as top US economic officials warned the US economy faces continued risks, causing the market to give back some of the gains from the prior session.
The Cambridge, Massachusetts-based company said the vaccine candidate, mRNA-1273, appeared to produce an immune response in eight people who received it similar to that seen in people convalescing from the virus.
Experts predict a safe and effective vaccine could take 12 to 18 months to develop.
The S&P 500 and Nasdaq are now over 10% below their intraday record highs hit on Feb. 19.
In the 30-share pack Sensex, ONGC was the biggest gainer, up nearly 2 per cent.
After two straight routs, Wall Street stocks finished higher Thursday as beaten-down banking shares rallied despite another spike in jobless claims.
The Dow Jones Industrial Average fell 26.13 points, or 0.12%, to 22,653.86.
The comparison has been done on the basis of the top 5 sectors of both the markets and other fundamentals.
U.S. stocks rocketed higher on Monday, with each of the major indexes rallying at least 7%, after a fall in the daily death toll in New York, the country's biggest coronavirus hot spot, fueled optimism a leveling off of the pandemic was on the horizon.
All three main stock indexes jumped more than 4%, with gains led by utilities, real estate and consumer staples stocks.
Investors, many facing steep losses due to the pandemic-driven shakeout in assets over the past few months, have also had to contend with renewed U.S.-China trade tensions.
Wall Street stocks finished sharply lower on Friday following a gloomy jobs report that analysts said represented a harbinger of far worse unemployment due to the coronavirus outbreak.
MSCI's broadest index of Asia Pacific shares outside of Japan stumbled more than 1%, snapping two straight sessions of gains.
The S&P 500 remains down about 27% from its February record high, a loss of more than $7 trillion in stock market value.
Wall Street's three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest quarterly drop since the financial crisis on growing evidence of massive economic damage from the coronavirus pandemic.
Investors are pinning their hopes on a $2 trillion economic rescue package, negotiations over which appeared to have made progress late on Monday.
The US lost an unprecedented 20.5 million jobs last month, pushing the unemployment rate to 14.7 percent from 4.4 percent in March -- the highest since the Great Depression of the last century -- according to Labor Department data.
Energy, financials and materials, which have lagged this year, led the way among S&P 500 sectors, while consumer staples lagged the most.
The Dow fell 913.21 points, or 4.5%, to 19,173.98. The S&P 500, the benchmark for many index funds held in retirement accounts and the measure preferred by professional investors, fell 4.3% after being up 1.8% earlier.
The Dow Jones Industrial Average fell 913.21 points, or 4.55%, to 19,173.98.
Despite Friday's rout, all three indices finished the week with solid gains as the giant stimulus moved through Washington towards the desk of the president, with the Dow experiencing its largest weekly gain since 1931.
The tech-heavy Nasdaq ended higher, although indexes pulled back late in the session especially after U.S. President Donald Trump said China may or may not keep a trade deal between the two countries.
The Dow fell as much as 10 percent during the early afternoon, but stocks rallied somewhat near the end of the session as the US Senate passed a $100 billion emergency package for free coronavirus testing, sick pay and other benefits related to the crisis.
Stocks pulled back sharply late in the session after Federal Reserve Vice Chair Richard Clarida made downbeat comments about the depth of the economic contraction.
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
Wall Street suffered its biggest drop since the crash of 1987 on Monday after unprecedented steps taken by the Federal Reserve, lawmakers and the White House to slow the spread and blunt the economic hit of the coronavirus failed to restore order to markets.Dow Jones drops nearly 3,000 points, worst day since 1987
Wall Street suffered its biggest drop since the crash of 1987 on Monday after unprecedented steps taken by the Federal Reserve, lawmakers and the White House to slow the spread and blunt the economic hit of the coronavirus failed to restore order to markets.
Sensex, Nifty log biggest one-day gain since 2008 fin crisis.
The broad-based S&P 500 plunged 9.5 percent to 2,480.64, while the tech-rich Nasdaq Composite Index tumbled 9.4 percent to 7,201.80.
All three major U.S. stock averages closed down well over 2%, and for the week they all lost ground. May is often marked by sell-offs, and on the month's first day, with jitters on the rise as some U.S. states begin easing coronavirus shutdowns, the adage held true.
The Dow Jones Industrial Average rose 188.27 points, or 0.95%, to 20,087.19, the S&P 500 gained 11.29 points, or 0.47%, to 2,409.39 and the Nasdaq Composite added 160.73 points, or 2.3%, to 7,150.58.
The broad-based S&P 500 slumped 4.9 percent to 2,741.38, while the tech-rich Nasdaq Composite Index shed 4.7 percent to 7,952.05.
The benchmark S&P 500 index ended off of its lows of the session but still down 5.2%.
US Fed said it would relaunch financial crisis-era purchases of short-term corporate debt.
The renewed slump came after the market rose 4 per cent on Friday, posting its strongest ever comeback after plunging 10 per cent for the first time in 12 years.
Chinese markets opened in the black with the blue-chip index up 0.6%.
While technology stocks pulled all three major U.S. stock indexes into the red, they all remained within 20% of their February all-time highs.
The Dow Jones Industrial Average was up 56.66 points, or 0.23 per cent, at 24,190.44.
Dow Jones Industrial Average tipped into a bear market, ending the longest bull-run in history.
Wall Street endured another day of dizzying trading Tuesday, whipping up and down with hopes that the U.S. and other governments will cushion the economy from the pain of the coronavirus.
The Dow Jones Industrial Average was down 56.16 points, or 0.24 per cent, at 23,459.10.
The staggering losses, including a 7.8% tumble in the Dow Jones Industrial Average, immediately raised fears that a recession might be on the way in the U.S. and that the record-breaking 11-year bull market on Wall Street may be coming to an abrupt end in a way no one even imagined just a few months ago.
All three main U.S. stock indexes fell back from gains of over 1% after the Financial Times reported that a Chinese trial showed that Gilead Science's remdesivir did not improve patients' condition or reduce the pathogen's presence in the bloodstream.
On Monday, major U.S. stock indexes dropped 7% with the Dow Jones Industrial Average plummeting 2,000 points after oil prices slumped as much as 22%.
Wall Street stocks bounced on Wednesday, recovering some of the losses from a two-session slide as US oil prices rallied following a volatile session.
The CBOE volatility index, also known as the fear index, ended near its session high.
All 11 S&P 500 sector indexes fell 1.6% or more, with energy sliding for the seventh time in eight sessions a day after the WTI contract crashed below zero as oil traders ran out of storage for May deliveries.
The S&P 500 lost $2.138 trillion in market capitalization over the last four sessions, according to S&P Dow Jones Indices analyst Howard Silverblatt.
Fears of a global slide into recession, and a resulting collapse in U.S. corporate earnings this year, have knocked $3.1 trillion off the value of major U.S. companies in the past 10 days.
The benchmark S&P500, which represents over 44% of the m-cap of all global equities, lost $927 billion of its value.
Nifty futures on the Singapore Exchange traded 52.50 points or 0.56 per cent lower at 9,256.50, indicating a negative start for Dalal Street.
The broad-based S&P 500 sank 2.8 percent to finish the day at 3,003.37, while the tech-rich Nasdaq Composite Index slid 3.0 percent to 8,684.09.
The US central bank cut rates three times in 2019 and has since held the fire amid signs of improving growth.
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