Stocks leap after scary overnight sell-off; Dow up nearly 300
U.S. Stocks were holding up remarkably well and jumped Wednesday as the major indexes pared steep losses after markets careened out of control in volatile trading overnight after a speech by U.S. President Elect Donald Trump helped reassure investors after his upset win vs. Hillary Clinton caught investors around the globe by surprise. Ref. USAToday.
Stock market superfecta: 4 major U.S. Indexes close at record highs on same day for first time since 1999
The rally that began with Trump's surprise win broadens out as year-end rally continues. The Dow Jones industrial average, the Standard & Poor's 500, Nasdaq composite and Russell 2000 indexes all close at all -time highs. Ref. USAToday.
The Dow Jones has hit record highs for the past week they just love president elect Trump is doing by appointing big guns to his government. I hope this doesn't mean we are making Wall Street even stronger.
International Level: New Activist / Political Participation: 13 1.3%
Stocks climb moderately as Dow finishes the day and week about 70 points away from 20,000
Put the party hats away for now. The celebration of Dow 20,000 will have to wait. Strong trading factors have stalled the Dow's run to 20,000. With so many investors prepared to lock in gains once the magic number is hit, "The smarter money will take money out just before hitting that level," says Sam Stovall, chief investment strategist at research firm CFRA. Ref. USAToday.
Stocks drop for day, Dow 237 below 20K, but big '16 gains: Dow, S&*Tongue-in-cheek* 500, Russell 2000 up 13.4%, 9.5% and 19.2%
Despite Wall Street's worst start to a year ever, the U.S. Stock market bounced back and posted solid gains in 2016, with small stocks leading the charge higher in a rally that gained steam after Donald Trump was elected president on Nov. 8. Ref. USAToday.
Dow tops 20,000 for the first time ever in the 120-year history of the blue-chip index
It took the Dow, a stock gauge made up of 30 of America's best-known blue chip companies, just 64 calendar days to climb from 19,000 to 20,000, its second-fastest sprint from one 1,000-point marker to the next, according to S&*Tongue-in-cheek* Dow Jones Indices. The Dow is up 9% since Donald Trump's election as president. Ref. USAToday.
Stocks surge as Dow closes back above 20,000 and the Nasdaq hits new record
Gains were led by banks and other financial companies as President Trump moves to roll back financial industry regulations. Investors were also encouraged by a strong January jobs report that saw 227,000 jobs added. Ref. USAToday.
Dow posts 11th straight gain, its hottest winning streak in several years. The blue chips are at an all-time high of 80,821.76. Ref. USAToday.
We break from Dow Jones Record to share caption from antiquity:
Today is: 29th May (GMT), in history on the 29th of May, 1880 AD the following birth happened:
Oswald Spengler: Germany -- Philosopher (Decline of West)