Stock Market Today: Dow Rises
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Dow Falls
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Wall Street eyed a US-China truce agreed by Trump and Xi, cooling hopes for a December rate cut and the next batch of Big Tech earnings.
Stocks finish mostly lower even after the Fed cut interest rates and said it will stop shrinking its balance sheet on Dec. 1. Separately, investors are preparing for earnings from three of the Mag 7 mega-cap stocks after the close.
President Trump and China's Xi talk trade, and investors eye big tech earnings later. Follow along for live news and analysis of the Dow, S&P 500 and Nasdaq.
The company posted a net loss of $0.19 a share on an adjusted basis, narrower than analysts’ projected loss of $0.30 a share, according to consensus estimates. Revenue totaled $9.97 billion, falling short of the expected $10.23 billion and down 8% from the year-ago period amid lower prices and softer demand across all operating segments.
After an initial bump in the first hour of trading, stocks spent the second half of Thursday trending lower and lower. The Dow Jones Industrial Average was in positive territory for most of the day, but finished the day lower.
Home Depot (NYSE: HD) and Nike (NYSE: NKE) are two Dow stocks that are down year to date despite a more than 15% rally in the S&P 500. Investing $21,500 into each stock could help you generate over $1,000 in passive dividend income per year. Here's why both dividend stocks are great buys now.
McDonald's is just one year away from joining an elite group.
The Dow Jones Industrial Average is trading up Thursday morning with shares of Honeywell and Sherwin-Williams Co. seeing positive momentum for the index. Shares of Honeywell and Sherwin-Williams Co.
If NASDAQ pulls back below the 25,950 level, it will head towards the nearest support level, which is located in the 25,550 – 25,600 range. Dow Jones is swinging between gains and losses as traders focus on Powell’s press conference.