Dow climbs 250 points on gains in shares of Microsoft, Boeing
Shares of Microsoft and Boeing are posting positive momentum Tuesday afternoon, sending the Dow Jones Industrial Average into positive territory.
Shares of Microsoft and Boeing are posting positive momentum Tuesday afternoon, sending the Dow Jones Industrial Average into positive territory.
Shares of AbbVie Inc. ABBV, +0.08% inched 0.08% higher to $145.14 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.29% rising 1.29% to 4,164.00 and the Dow Jones Industrial Average DJIA, +0.78% rising 0.78% to 34,156.69. AbbVie Inc. closed $30.77 short of its 52-week high ($175.91), which the company achieved on April 8th.
The bond market is flashing a warning that U.S. stocks could be headed for a sustained selloff as investors revisit their expectations for how far the Federal Reserve will raise its benchmark interest rate and when it might start to come down.
‘It felt like he was picking a spot here to try to capture a high price,’ expert on insider activity says, while ServiceNow cites McDermott’s property purchase and says it ‘could not be clearer how bullish’ the CEO is on the software company
After a wild day for the stock, Bed Bath & Beyond reportedly secures initial investor commitments to raise $225 million of equity capital, with about $800 million more to come
Shares of Costco Wholesale Corp. COST, +0.15% inched 0.15% higher to $515.59 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.61% falling 0.61% to 4,111.08 and Dow Jones Industrial Average DJIA, -0.10% falling 0.10% to 33,891.02. Costco Wholesale Corp. closed $96.68 below its 52-week high ($612.27), which the company achieved on April 7th.
One of Wall Street’s biggest bears believes U.S. stocks are poised for their next leg lower as the January effect and other factors that had supported markets in the early weeks of the New Year have started to fade.
Mitsubishi Corp. shares rose sharply Monday morning after the company raised its fiscal-year net profit forecast due to strong coal, natural gas and car businesses and announced a share buyback.
Nine Dragons Paper Holdings Ltd. shares fell early Monday after the company warned of a first-half net loss.
The U.S. dollar may be losing its appeal as one of the few reliable safe-haven assets in times of economic and geopolitical uncertainty after an 18 month rally, and a further fall by the currency could fuel a 2023 stock-market rally, market analysts said.