Dow, stocks and inflation
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The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
Dow falls 300 points, S&P 500 flat and Nasdaq climbs after June CPI report; JPMorgan tops estimates Investors are digesting important inflation data in the U.S
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TV News Check on MSNDow Drops 436, Nasdaq Gains 37, S&P 500 Falls 25Most U.S. stocks slumped Tuesday, but Nvidia nudged Nasdaq to another record. The post Dow Drops 436, Nasdaq Gains 37, S&P 500 Falls 25 appeared first on TV News Check. The post Dow Drops 436, Nasdaq Gains 37,
The slouch was slight compared to the market reaction to Trump’s initial “Liberation Day” announcement of “reciprocal” tariffs on April 2.
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Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said on Monday, sending its shares down 2.5% in morning trade.
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Nvidia ( NVDA 4.08%) became the first company to reach $4 trillion in market cap on Wednesday -- an incredible feat considering the company was worth a fraction of tech giants Apple and Microsoft just a few years ago.