Dow Jones

Dow, S&P, Nasdaq finish at records as US goverment shutdown ends

Washington - Muslimchronicle

US lawmakers broke their deadlock to end the three-day government shutdown and send Wall Street to fresh records on Monday as all three major stock indices reached new all-time highs. The blue-chip Dow Jones Industrial Average gained 0.5 percent, to close the session at 26,209.21. The broader S&P 500 jumped an even stronger 0.8 percent to land at 2,832.98, whileRead more

Dow hits 25,000 points for 1st time on US hiring data

New York - Muslimchronicle

The Dow shot above 25,000 points for the first time Thursday as strong US private-sector hiring data extended a stocks rally in the wake of enactment of US tax reform. About 10 minutes into trading, the Dow Jones Industrial Average stood at 25,035.74, up 0.5 percent. The broad-based S&P 500 gained 0.4 percent to 2,722.61, while the tech-rich Nasdaq CompositeRead more

Dow surges above 24,000 points for 1st time as US stocks rally

New York - Muslimchronicle

The Dow jumped above 24,000 for the first time early Thursday as US equities rallied ahead of an expected tax cut vote in the Senate this week. About 10 minutes into trading, the Dow Jones Industrial Average stood at 24,070.17, up 0.5 percent. The broad-based S&P 500 rose 0.5 percent to 2,638.08, while the tech-rich Nasdaq Composite Index gained 0.3Read more

US stocks surge to fresh records on tax cut progress

Washington - AFP

Wall Street stocks surged to fresh records Friday and boosted other equity markets after US lawmakers took a key step toward enacting the tax reform plan sought by President Donald Trump. Investors were cheered by a party-line 51-49 vote in the Senate for a federal budget plan that permits the legislative body to pass the tax cut plan with aRead more

US stocks end at records on tax cut progress, Dow up 0.7%

New York - Muslimchronicle

Wall Street stocks surged to fresh record highs Friday on increased confidence that Washington will enact tax cuts after a Senate vote eased the proposal's road on Capitol Hill. All three major indices were at records at the closing bell, with the Dow Jones Industrial Average up 0.7 percent at 23,326.29. The broad-based S&P 500 gained 0.5 percent to 2,574.87,Read more

Dow Jones index hits 23,000 points for first time

New York - Muslimchronicle

The Dow Jones index hit 23,000 for the first time Tuesday, boosted by a spate of solid earnings reports from blue-chip companies and extending a Wall Street rally. Near 1515 GMT, the Dow Jones Industrial Average was at 22,996.57, up 0.2 percent from Monday's closing price, after earlier hitting 23,002.20. The broad-based S&P 500 was essentially flat at 2,557.96, whileRead more

Dow, S&P 500, Nasdaq all end at records, oil shares gain

New York - Muslimchronicle

Wall Street stocks narrowly finished at records Wednesday after a bullish oil market forecast pushed petroleum-linked equities sharply higher. For the second day in a row, all three major indices were at new peaks at the market's close, with the Dow Jones Industrial Average gaining 0.2 percent to 22,156.39. The broad-based S&P 500 rose 0.1 percent to 2,498.18, while theRead more

S&P 500, Nasdaq end at record highs as banks lead rally

New York - Muslimchronicle

The S&P 500 and Nasdaq both finished at record highs Tuesday, boosted by financial shares that led a rally on easing fears over North Korea and US hurricanes. At the closing bell, the S&P 500 stood at 2,496,72, up 0.4 percent, its second straight record, while the Nasdaq Composite Index rose 0.3 percent to 6,453.28. The Dow Jones Industrial AverageRead more

Dow ends at 9th straight record, S&P 500 also hits all-time high

New York - Muslimchronicle

The Dow and S&P 500 ended at fresh records Monday as a strong second-quarter earnings season continued to attract more funds to the US equity market. At the closing bell, the Dow Jones Industrial Average had posted its ninth straight record at 22,115.68, a 0.1 percent increase over Friday's close. The broad-based S&P 500 rose 0.2 percent to end at 2,480.53Read more

Dow ends at 5th straight record but misses 22,000 milestone

New York - Muslimchronicle

The Dow surged to its fifth straight record close Tuesday amid bullish investor sentiment following strong corporate earnings and ahead of Apple's much-anticipated profit report. At the closing bell, the Dow Jones Industrial Average stood at 21,962.62, up 0.3 percent, after getting to within 10 points of hitting 22,000 for the first time. The broad-based S&P 500 won 0.2 percentRead more