The Dow becomes the first major U.S. index to test its 200-day simple moving average.
Meanwhile, Iran has submitted a 10-point response to the U.S. peace proposals, which a U.S. official described as "maximalist", citing the Iranian state news agency IRNA.
In the closing of the recent trading day, Dow Inc. (DOW) stood at $40.56, denoting a -2.03% move from the preceding trading day.
Bank of America has downgraded its ratings for three major US chemical companies, citing concerns that recent share price gains may not be sustainable. The investment bank lowered Dow Inc (NYSE:DOW)
Chemical stocks are in focus today, after BofA Global Research downgraded both LyondellBasell Industries NV (NYSE:LYB) and Dow Inc (NYSE:DOW) to "underperform" from "neutral.
Pre-Market Stock Futures: Futures are trading mixed as we get ready to kick off the first-quarter earnings season next week, and, as usual, the big money-center banks and brokerage firms will headline
US stocks ended mixed as oil surged on Iran tensions, while easing fears helped indices recover. Traders now watch geopolitics and market outlook.
All three major indexes recovered from sharp morning losses to trade near breakeven by midday. U.S. oil prices jumped roughly 10% as Trump's Wednesday evening address offered no exit strategy from the
While defense names grabbed the headlines in the immediate aftermath of the start of the Iran war, an unlikely winner emerged from the ensuing shock to the market, with gains of 75% year to date?
US indices take a plunge in pre-market trading.
US stock futures plunged Thursday morning as oil prices surged after President Trump vowed to hit Iran “extremely hard” in the coming weeks.
Verizon has a reliable business and a 5.6% yield, but leverage is high, and competition is fierce. Chevron has a 3.3% yield and a resilient energy business, but energy markets are in flux right now.
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Wednesday.
US indices are trying to rally early on Wednesday, as reports indicate that a potential ceasefire is being discussed.
Although stocks have outperformed all other asset classes over the last century, equities don't rise in a straight line. As of the closing bell on March 27, the Dow Jones Industrial Average and Nasdaq
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