Despite Trump Jabs, Fed Rate Hikes May Be the Dow’s Saving Grace

Complaining about the Federal Reserve’s approach to monetary policy has been one of President Donald Trump’s favorite activities. However, as talk of recession picks up after a temporary inversion of the yield curve, Jerome Powell’s hawkish approach will be a tremendous asset to the U.S. globally. Meaningful stimulus can help put a floor under the …

Dow Trembles after Mueller Report Shockingly Vindicates Trump

US President Donald Trump might have expected a massive stock market bounce following the bombshell revelation that Special Counsel Robert Mueller’s 675-day-long investigation into the Trump campaign had failed to expose any evidence of collusion with the Russian government. However, Dow futures are flat ahead of Monday’s opening bell following a bloodbath in the Asian …

Dow Suddenly Swings Higher as Apple Headlines Tech Stock Surge

The Dow and broader U.S. stock market pivoted higher Thursday, as traders reassessed the Federal Reserve’s dovish policy turn and its implications on riskier assets. Dow Rises from the Ashes; S&P 500 & Nasdaq Follow Wall Street’s major indexes overcame a volatile start to trade sharply higher on Thursday. The Dow Jones Industrial Average surged …

Dow Futures, Bitcoin Claw Higher in Wake of Brutal Monday Bloodbath

Dow futures are pointing north ahead of Tuesday’s opening bell as the US stock market gears up to claw back the sharp losses it endured during the week’s initial trading session. Similarly, the bitcoin price has begun to recover from an early week sell-off as it seeks to regain the $4,000 level. Dow Futures Regroup …

$1 Trillion Fund of Norway Bought the Dow Jones Dip, Indicator of Strong Short-Term Outlook

At the end of December 2018 and throughout the past two months, Norway’s Sovereign Wealth Fund has continuously bought the Dow Jones dip, acquiring $22 billion in equities in companies like Apple, Microsoft, and Alphabet as share prices cratered. Norway’s Sovereign Wealth Fund has aggressively expanded its portfolio over the years. | Source: nbim.io Although …

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 & …