Dow, Market and Stocks
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The Dow’s large drop on Thursday was fairly rare in the wake of its close at a fresh record high, according to Dow Jones Market Data
The MoneyShow Chart of the Day shows the percentage change in the DIA versus QQQ since the end of October. The DIA is outshining the QQQ, with a gain of 1.4% versus a loss of 2.2% for QQQ.
The Dow Jones Index has pulled back in the past few days, moving from the year-to-date high of $48,416 to the current $47,457.
U.S. stocks mixed as Dow Jones gains 300 points, CNN's Fear & Greed Index shows slight increase in fear level.
Barchart on MSN
I’m Old Enough to Remember When a 500-Point-Drop in the Dow Jones Was a Crisis. Now It’s Just a Warning.
After a week like the one we just have had, I can’t help but start an article with “I’m old enough to remember when...” Check out the Dow’s first four trading days of this past week. Changes of 300-800 points a day.
NASDAQ is losing some ground amid pullback in tech stocks. NVIDIA, which is down by 2.5%, is among the biggest losers in the NASDAQ index today. The stock found itself under pressure as SoftBank Group sold its stake in the company for $5.83 billion.
Investors drove the Dow to back-to-back record gains shrugging off concerns about an AI bubble and the lack of economic data tied to the government shutdown.
The Dow Jones Industrial Average (DJIA) lagged behind its major index peers on Friday, backsliding nearly 600 points at its lowest before staging a half-hearted recovery, trimming the day’s losses to around 250 points.
The Dow Jones Industrial Average ended above 48,000 for the first time on Wednesday as investors moved into non-technology trades and awaited a vote in the House of Representatives that may end the government shutdown.