Dow Plunges 103 Points, Analysts Spar over Trade War’s Market Impact

Thursday’s closing bell couldn’t come soon enough for the US stock market, which plunged across the board and prevented the Dow from crossing the 26,000 point threshold. Dow Recovers 80 Points But Still Sees Triple-Digit Loss The Dow (blue), S&P 500 (red), and Nasdaq (orange) pared losses before the closing bell but ended the day …

Dow Sneaks Higher, Bitcoin Price Holds the Line as US Stock Market Clears Major Hurdle

The Dow added to Tuesday’s blockbuster rally, and the S&P 500 cleared a key technical hurdle in what is shaping up to be another strong day for the US stock market. The bitcoin price, meanwhile, entered the day with a minor decline but held firmly above its interim support level. Dow Adds to Tuesday’s 372 …

Is Kudlow Shorting the Dow? Stock Market Plunges as Top Trump Adviser Says US & China ‘Miles’ Apart on Trade

The Dow’s mid-week sell-off took an even steeper turn on Thursday after White House economic adviser Larry Kudlow broke from the Trump administration talking point that the United States and China are close to reaching an agreement to end the trade war before new tariffs kick in at the beginning of March. Kudlow: US & …

Dow Plots 290 Point Rally Despite US Government Shutdown Standoff

The Dow Jones Industrial Average and other US stock market indices appear poised to snatch back a portion of yesterday’s massive losses, even as Congress and President Donald Trump continue to dig in their heels on the proposed border wall funding that has prevented the federal government from ending the partial government shutdown. Dow, Nasdaq, …

Dow Futures Crash 300 Points on Apple’s Mainland China Woes

US stock market futures are signaling deep cuts to open the second trading session of 2019, with contracts tracking the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all implying losses of more than 1.2 percent. Dow, Tech-Heavy Nasdaq Take Deep Cuts on Thursday As of 8:08 am ET, Dow futures had shed 301 …

Bitcoin Price Pops Higher as Dow, S&P 500 Erase Early Gains

The bitcoin price and the wider cryptocurrency market made a fevered leap back toward their recent highs on Friday, shaking off Thursday’s substantial sell-off while the Dow Jones Industrial Average, S&P 500, and other US market indices fell back into decline. Bitcoin Price Makes another Run at $4,000 Bitcoin had been languishing near the $3,600 …

Dow Jones in Bear Market Territory, Why White House Failed to Ease Investors

This week, the Dow Jones recorded a steep sell-off from 23,970 points to 21,846 points, amidst global economic instability and uncertainty. Since achieving an all-time high at 26,828 points on October 3, the Dow Jones has fallen by 5,036 points to 21,792 points, by 18.77 percent. In the traditional financial market, a 20 percent decline …

Every Major Asset Class Had a Major Fallback in 2018

The cryptocurrency market is not the only financial asset that has suffered losses and recorded a consistent decline as the year winds to an end. In fact, every major asset class for investment has recorded negative returns or an unchanged performance year. This is the conclusion of a CNBC report summarizing the performance of markets in 2018. …

US Stock Market Chalks up Huge Weekly Losses; Bitcoin, DXY Impress

The US stock market posted huge losses ahead of the holiday close as investors absorbed the Federal Reserve’s interest rate hike and a bunch of other bearish economic data. White House trade advisor Peter Navarro said Friday that the trade war between the US and China would not come to an end in near-term. He …