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| 24 September, 2020, 10:31 AM IST | E-Paper
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    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 compa...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.

    Dow Jones

    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.

    Dow Jones opens higher as tech megacaps advance

    The Dow Jones Industrial Average rose 79.28 points, or 0.29%, at the open to 27,613.86.

    Wall Street closes lower on fears of a slowing economy

    Wednesday's plunge came six months to the day that U.S. stocks on March 23 tumbled to their lowest point during the pandemic-induced selloff.

    Wall Street closes higher on Amazon boost, despite economic worries

    Amazon.com Inc jumped 5.7% after Bernstein upgraded the stock to "outperform," saying the company will continue to receive a boost from premium subscribers and third-party merchants even once the pandemic is contained.

    Wall Street ends lower on lockdown fears, likely delay of stimulus

    All the major S&P indexes were down, with energy leading declines as oil prices slid on the possible return of Libyan production and rising coronavirus cases.

    Wall Street posts 3rd week of declines as tech slide drags on

    It was the Nasdaq's first such weekly streak since August 2019, and S&P 500 and Dow's first since early October 2019.

    Wall St falls as tech sells off again, jobless claims still high

    Amazon.com Inc dropped 2.3% and Apple Inc fell 1.6%, making them the biggest drags on the S&P 500 and Nasdaq. Last week, the Nasdaq's losses put the index down 10% from its closing record, confirming a correction began on Sept. 2.

    S&P 500 ends down after late reversal despite Fed's stance

    But the market reversed direction heading into the close, with technology shares leading the way down on the S&P 500. The tech sector, which had been recovering from a sharp sell-off, fell 1.6% on the day, the biggest drag on the benchmark index.

    Wall Street closes broadly higher on deal news, vaccine hopes

    Also, Pfizer Inc rose 2.6% after the drugmaker and German biotech firm BioNTech SE proposed to expand their Phase 3 pivotal COVID-19 vaccine trial to about 44,000 participants.

    Wall Street ends lower as tech struggles resume

    The NYSE FANG+TM Index, which includes the core FAANG stocks, fell 1.8%, and all 11 sectors of the S&P 500 traded lower.

    Dow Jones retreats on slowing jobs growth, US-China friction

    With the benchmark index now about 1% below its record high, gains were led by utilities, communication services and real estate stocks. Energy was among the biggest decliners in morning trading.

    Wall Street bounces as tech rebounds

    Other stay-at-home winners such as Facebook Inc and Google-parent Alphabet Inc also climbed, a day after the tech-heavy Nasdaq ended 10% below its Sept. 2 record closing high, commonly known as a correction.

    Wall Street ends lower as Nasdaq rout persists

    At its lowest point of the day the tech-heavy Nasdaq fell as much as 9.9% from its record high reached on Wednesday and the S&P 500 dipped briefly below its pre-crisis record, reached in February, although it too closed well off session lows.

    Wall Street sinks as tech sell-off resumes

    The tech-heavy Nasdaq lost over 4% and the S&P 500 dropped below its February peak, as the indexes lost ground for the second straight day after hitting record closing highs on historic stimulus and a narrow rally in heavyweight technology stocks.

    Tech tumble jams Wall Street into reverse

    Markets had soared from March lows, powered by fiscal and monetary support hopes for a swift economic recovery. But some participants said investors had become too optimistic.

    S&P, Nasdaq close at record highs in tech-fueled rally

    Tuesday's rally added to Wall Street's fifth straight monthly gain and the S&P 500's strongest August advance in more than three decades, which was also mostly thanks to technology stocks and central bank support.

    Nasdaq ends higher while S&P 500 posts biggest August gain since 1986

    The Federal Reserve's commitment to tolerate inflation and keep interest rates low, positive developments in vaccines and treatments for COVID-19 and a rally in tech-focused stocks have helped the S&P 500 and Nasdaq hit record highs in August.

    Tech titans drag Dow Jones lower as virus cases mount

    High-flying companies Apple Inc and Microsoft Corp , which were pivotal in driving the stock market's recovery in recent months, fell 0.5% and 0.3% respectively.

    Tech powers S&P 500 to record closing high, Dow now positive for the year

    All three major U.S. stock indexes ended the week higher than last Friday's close, marking the fifth consecutive weekly gains for the S&P and the Nasdaq.

    S&P, Dow close higher on new Fed inflation stance, COVID test hopes

    "The steepening of the yield curve is a welcome addition, particularly on a day where the market is rising," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts.

    Dow Jones recoups losses as financials, energy gain

    The Dow Jones Industrial Average was down 1.73 points, or 0.01 per cent, at 25,444.21.

    Wall Street closes higher as momentum stocks push S&P 500, Nasdaq to new highs

    Communications services led the 11 major sectors in the S&P in percentage gains.

    S&P 500, Nasdaq close at record highs on trade, vaccine developments

    That split, which will reduce Apple's weight in the Dow, prompted a reshuffle in the blue-chip industrial average, with Salesforce.com replacing Exxon Mobil Corp, Amgen Inc taking Pfizer Inc's spot, and Raytheon Technologies Corp ousted by Honeywell International Inc .

    S&P, Nasdaq close at new highs on Covid-19 treatment hopes

    The benchmark S&P 500 reclaimed its February closing high last week, confirming a bull market and the fastest recovery from a bear market trough on record.

    Dow Jones climbs on upbeat economic outlook

    Tthe Dow Jones Industrial Average was up 154.52 points, or 0.59 per cent, at 26,234.62.

    S&P 500, Nasdaq end at records after upbeat business surveys

    US business activity snapped back to the highest since early 2019 in August, according to IHS Markit surveys, as companies in both manufacturing and services sectors saw a resurgence in new orders.

    S&P 500, Nasdaq end at records after upbeat business surveys

    U.S. business activity snapped back to the highest since early 2019 in August, according to IHS Markit surveys, as companies in both manufacturing and services sectors saw a resurgence in new orders.

    Dow Jones flat after three-day rally

    The Dow Jones Industrial Average was down 25.50 points, or 0.10 per cent, at 26,264.48.

    Nasdaq closes at all-time high as strong tech sector offsets jobless data

    Gains in Apple Inc - the only publicly listed U.S. company to cross the $2 trillion market value milestone - Amazon.com Inc and Microsoft Corp underpinned the three main indexes' gains as investors bet they would ride out the economic crisis.

    Wall Street ends lower after Fed minutes highlight tough recovery

    In the minutes of the July Fed meeting, the policy committee said that the swift rebound in employment seen in May and June had likely slowed and that additional "substantial improvement" in the labor market would hinge on a "broad and sustained" reopening of business activity.

    Dow Jones gains as investors cheer declining jobless claims

    The Dow Jones Industrial Average rose 27.64 points, or 0.11 per cent, at the open to 26,094.92.

    Dow Jones rises on rebound hopes despite jump in virus cases

    The Dow Jones Industrial Average was up 121.80 points, or 0.47 per cent, at 26,011.98.

    Nasdaq hits record high close due to tech rally

    The benchmark S&P 500 reached just shy of its Feb. 19 intraday record high after testing that level for much of last week, while the Dow Jones was weighed down by losses in financial and industrial stocks.

    Dow Jones gains on surprise services data, China-led rebound hopes

    The Dow Jones Industrial Average was up 322.73 points, or 1.25 per cent, at 26,150.09.v

    S&P 500 ends almost flat as record remains elusive

    Aggressive stimulus measures have helped the three main U.S. stock indexes bounce back from a coronavirus-driven crash in March. The benchmark index at one point on Friday was up 0.15% to 3,378.51 but retreated to close very marginally lower.

    Dow Jones jumps on surprise improvement in labor market

    The Dow Jones Industrial Average was up 868.73 points, or 3.31 per cent, at 27,150.55.

    S&P 500 ends down slightly after flirting with record levels again

    Wall Street has recovered most of the trillions in market capitalization lost during the start of the pandemic and the Nasdaq was the first of the three major indexes to hit a record high in June. The Dow remains below its February peak.

    Wall Street falls as tech sells off again, jobless claims still high

    Last week, all three major U.S. stock indexes posted a second straight week of declines as investors sold tech-related names that had powered the S&P 500 to record highs in a dramatic rally from the March lows.

    Dow Jones gains on Boeing, recovery hopes

    The Dow Jones Industrial Average was up 251.67 points, or 0.98 per cent, at 25,994.32.

    Dow Jones scales fresh three-month peak

    The Dow Jones Industrial Average was up 168.85 points, or 0.66 per cent, at 25,643.87.

    S&P 500, Dow snap 7-day winning streak as concern mounts over stimulus deal

    Both indexes had been higher for much of the session, and the S&P 500 came within striking distance of its closing record high from February, before the onset of the coronavirus crisis in the United States that caused one of Wall Street's most dramatic crashes in history.

    Dow Jones gains as investors pin hope on stimulus-powered rebound

    The Dow Jones Industrial Average was up 344.20 points, or 1.38 per cent, at 25,359.75.

    S&P 500 ends up slightly, tech-related shares underperform value

    Value stocks, which tend to outperform growth coming out of a recession, have gotten a lift in recent days. The Russell 1000 value index rose 0.9% on Monday, while the Russell 1000 growth index fell 0.5%.

    Index goliath Apple gains 2% ahead of annual product event

    "We believe this will all be about a refresh cycle on the wearables and iPad front, which is seeing a renaissance of growth," Wedbush analyst Daniel Ives said in a note.

    S&P 500 ends higher on growing hopes Fed will stay accommodative

    Apple's stock, which was up as much as about 3% early in the session and rose 3% on Monday, often dips after running up prior to that event.

    Dow Jones drifts higher on healthcare, tech lift

    The Dow Jones Industrial Average was up 109.08 points, or 0.43 per cent, at 25,657.35.

    Dow Jones slumps on virus worries, grim economic forecast

    The Dow Jones Industrial Average was down 511.17 points, or 1.95 per cent, at 25,644.93.

    Wall Street gains as markets look to aid package, Nasdaq closes above 11,000

    Tech and tech-related heavyweight stocks such as Apple , which rose 3.49% and Facebook, up 6.49% helped pace gains on the indexes. The tech-heavy Nasdaq clinched a new record high in early trading, and closed above the 11,000-mark for the first time after initially climbing above it on Wednesday.

    Dow Jones gains on signs of economic recovery, Nasdaq hits record high

    The Dow Jones Industrial Average was up 171.55 points, or 0.66%, at 26,196.51.

    Dow Jones treads water as virus cases rise; techs shine

    The Dow Jones Industrial Average was up 21.37 points, or 0.08 per cent, at 25,892.83.

    Wonderful world of Disney earnings surprise boosts Wall Street

    Walt Disney Co's shares jumped 8.80%, to put it among the biggest boosts to the S&P 500 and Dow. The stock notched its biggest daily percentage gain since March 24 as revenue declines for Disney parks and media networks were not as bad as feared.

    Wall Street ends higher as investors eye stimulus

    Apple climbed 0.7%, up for a fifth straight session as investors cheered the iPhone maker's blowout quarterly report last week. The Silicon Valley heavyweight is around $120 billion away from becoming the first U.S. publicly listed company with a stock market value of $2 trillion.

    Wall Street jumps as traders eye M&A and stimulus

    Microsoft jumped 4% on saying it would push ahead with talks to acquire the U.S. operations of Chinese-owned TikTok after President Donald Trump reversed course on a planned ban of the short-video app.

    Dow Jones muted as virus cases rise, jobless claims weigh

    Dow Jones Industrial Average was down 2.98 points, or 0.01 per cent, at 26,116.63.

    Dow Jones steady after mixed retail earnings

    The Dow Jones Industrial Average was down 64.58 points, or 0.26 per cent, at 24,532.79.

    Dow Jones soars on hopes of stimulus, coronavirus vaccine

    The Dow Jones Industrial Average was up 767.76 points, or 3.24 per cent, at 24,453.18.

    Ahead of Market: 12 things that will decide stock action on Thursday

    Indian markets are expected to be in sync with the global markets and also react to the ongoing border tensions with China as there are currently no fresh triggers for the market and volatility is expected to continue.

    Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags

    Apple Inc shares surged 10.5% to close at a record $425.04 in the wake of blowout quarterly results and a four-for-one stock split announcement.

    Tesla shares plunge as it fails to make it into S&P 500 index

    Wall Street analysts and investors widely expected Tesla to join the S&P 500 after the company posted its fourth consecutive profitable quarter in July, clearing a major hurdle for its potential inclusion in the benchmark stock index.

    S&P dips on worries about earnings, data, stimulus and election

    Investors also worried about the expiration of enhanced employment benefits on Friday as U.S. Congress was no closer to a deal on Thursday to extend or replace the extra $600-per-week in payments to tens of millions thrown out of work by the coronavirus.

    Wall Street closes higher after Fed vows more support for the virus-battered economy

    At the end of its two-day policy meeting the Fed said it will keep its interest rate target range until it is confident the economy has weathered the coronavirus pandemic and is on track for maximum employment and price stability goals.

    Dow Jones falls on Powell's grim outlook

    The Dow Jones Industrial Average was down 307.23 points, or 1.29 per cent, at 23,457.55.

    Dow Jones rises after biggest pullback since March

    The Dow Jones Industrial Average was up 190.90 points, or 0.76%, at 25,319.07.

    Dow Jones subdued on risks linked to reopening of economy

    The Dow Jones Industrial Average was up 54.56 points, or 0.23 per cent, at 24,276.55.

    Wall St falls as pandemic hurts consumer confidence and earnings

    Of the 130 S&P 500 companies that have reported, about 80% of them surpassed significantly lowered forecasts for profit

    Dow Jones slumps 5% on fears of spurt in virus infections, economic worries

    The Dow Jones Industrial Average was down 1,355.81 points, or 5.02%, at 25,634.18.

    Dow Jones slips on fear of new infection wave

    The Dow Jones Industrial Average was down 217.25 points, or 0.89 per cent, at 24,114.07.

    Dow Jones retreats ahead of Fed outlook; Nasdaq hits new high

    The Dow Jones Industrial Average was down 194.34 points, or 0.71 per cent, at 27,077.96.

    Dow Jones retreats after rally; Nasdaq gains further

    The Dow Jones Industrial Average was down 161.01 points, or 0.58 per cent, at 27,411.43.

    Etsy gets into S&P 500, Tesla does not

    The decision by S&P Dow Jones Indices is a blow to Tesla investors who widely expected the company to join the benchmark stock index after a blockbuster quarterly report in July cleared a major hurdle for its potential inclusion.

    Dow Jones gains on optimism over easing lockdowns

    The Dow Jones Industrial Average was up 60.78 points, or 0.25 per cent, at 23,943.87.

    Asian stocks drop after Wall Street's tech rally stumbles

    MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%. Japan's Nikkei dropped 1.3% while markets in Sydney and Seoul fell 2%.

    Wall Street closes sharply lower on tech selloff

    The bellwether S&P 500 slid more than 1%, snapping a four-day winning streak with its biggest daily percentage drop since June 26. All three major U.S. stock averages lost ground, with falling momentum stocks Apple, Microsoft Corp and Amazon.com weighing heaviest.

    Wall Street closes higher with defensive bets out front

    The Federal Reserve's "Beige Book" report showed a modest increase in activity for U.S. businesses and an increase in employment through late August, while economic growth remained sluggish in parts of the country.

    Wall Street ends choppy session higher on mixed earnings, U.S. stimulus debate

    The major stock indexes oscillated for much of the day but ended in the black. The Nasdaq had the smallest gain, capped by a 1.2% drop in Amazon.com Inc shares.

    S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks

    Financial, industrial and energy stocks gave the biggest boosts to the bellwether S&P 500 and blue-chip Dow as investors pivoted back to cyclicals. The march upward lost steam late in the session, and a drop in tech shares pulled the Nasdaq lower.

    Dow Jones flat as recovery hopes offset US protests, China tensions

    The Dow Jones Industrial Average was up 8.31 points, or 0.03 per cent, at 25,391.42.

    Apple, Tesla shares pop after stock splits

    Splitting stocks is a way for companies to make it less expensive to buy individual shares although moves by some retail brokerages to offer slices or fractions of shares to smaller investors has made the impact increasingly marginal.

    Apple, Tesla bid up ahead of share split open

    Splitting stocks is a way for companies to make it less expensive to buy individual shares although moves by some retail brokerages to offer slices or fractions of shares to smaller investors has made the impact increasingly marginal.

    Dow Jones retreats ahead of Trump's response on Hong Kong

    The Dow Jones Industrial Average was down 269.88 points, or 1.06 per cent, at 25,130.76.

    S&P 500 ends higher as traders weigh stimulus and virus worries

    The S&P 500 utilities, real estate and healthcare indexes were the session's strongest gainers.

    Wall Street ends lower on COVID-19 worries, tech weighs

    The S&P 500 is about 5% below its February record high.

    Dow Jones opens lower after five-day rally as virus cases surge

    The Dow Jones Industrial Average fell 115.02 points, or 0.44 per cent, at the open to 26,172.01.

    Dow Jones dips as US-China tensions add to economic woes

    The Dow Jones Industrial Average was down 137.22 points, or 0.56 per cent, at 24,336.90.

    Wall Street strategists see market back-pedaling by year-end

    The S&P 500 will end 2020 at 3,300 points, down over 4 per cent from current levels, according to the median forecast of about 55 market strategists and fund managers.

    Dow Jones slips on rising US-China tensions, recovery worries

    The Dow Jones Industrial Average was down 56.38 points, or 0.23 per cent, at 24,519.52.

    Dow Jones rises on record job growth; surging virus cases cap gains

    The Dow Jones Industrial Average was up 242.46 points, or 0.94%, at 25,977.43.

    Dow Jones slides as investors brace for dour earnings

    JPMorgan Chase & Co and Wells Fargo & Co will kick off the reporting season on Tuesday.

    Dow Jones tracks best quarter since 1998 on stimulus-led rebound hopes

    The Dow Jones Industrial Average was up 60.79 points, or 0.24 per cent, at 25,656.59.

    Dow Jones falls as trade war fears add to virus woes

    The Dow Jones Industrial Average was down 203.84 points, or 0.86 per cent, at 23,421.50.

    Dow Jones drops on trade war fears, economic worries

    The Dow Jones Industrial Average was down 55.31 points, or 0.24 per cent, at 23,192.66.

    Bears are going extinct in stock market’s $13 trillion rebound

    Bears pulled out as buying surged among professional investors who were forced back into stocks despite a recession, stagnating profits and the prospect of a messy presidential election.

    Dow Jones falls as Fed action hits bank stocks, virus cases surge

    The Dow Jones Industrial Average was down 532.55 points, or 2.07 per cent, at 25,213.05.

    Fear fading on Wall St as investors learn to love the new bull market

    The Cboe Volatility Index, known as Wall Street's "fear gauge," is near its lowest level since late February and options markets are showing diminishing concerns of a near-term drop in equities.

    Dow Jones ends 2.7% lower as increased virus cases slow US recovery

    The broad-based S&P 500 slid 2.6 percent to 3,050.33, while the tech-rich Nasdaq Composite Index shed 2.2 percent to 9,909.17, retreating from a record. Numerous states in the western and southern United States have reported record coronavirus cases in recent days, prompting more local officials and private companies to freeze reopenings or retreat from prior steps to relaunch activity.

    S&P 500 hits record closing high, regaining pre-COVID level

    The record confirms, according to a widely accepted definition, that Wall Street's most closely followed index entered a bull market after hitting its pandemic low on March 23. It has surged about 55% since then.

    Dow Jones jumps as battered energy shares rise, lockdowns ease

    The Dow Jones Industrial Average was up 370.42 points, or 1.56 per cent, at 24,120.18.

    Dow Jones dips as Buffett dumps airlines, China tensions flare

    The Dow Jones Industrial Average was down 207.46 points, or 0.87 per cent, at 23,516.23.

    Dow Jones slips after grim jobless claims data

    The Dow Jones Industrial Average was down 216.97 points, or 0.88 per cent, at 24,416.89.

    Why commodities and media are Emam Holding's favourite contra plays

    The media space is looking much better than the multiplex space and we are quite bullish on media in general.

    Dow Jones jumps on coronavirus drug hopes; Fed decision awaited

    The Dow Jones Industrial Average was up 546.59 points, or 2.27 per cent, at 24,648.14.

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