Dow rallies 1,000 points, lifting its 3-day gains to 20%

Stocks surged for a third straight day Thursday as investors shrugged off the release of record-breaking initial jobless claims while the Senate passed a massive economic stimulus bill amid the coronavirus outbreak. The Dow Jones Industrial Average jumped nearly 1,000 points, or 4.6%. The S&P 500 gained 4.4% while the Nasdaq Composite advanced 3.6%. Those gains … Read more

Dow futures fall 100 points as traders brace for an expected record surge in jobless claims

U.S. stock futures fell early Thursday morning trading as investors looked ahead to the national weekly initial jobless claims data, which are expected to show a record-breaking spike. Dow futures indicated an opening drop of more than 100 points at Thursday’s open. S&P 500 futures and Nasdaq-100 futures pointed to opening losses of about 1%. … Read more

The Dow is set to open lower following 11% surge as White House, Senate reach deal on stimulus

Stock futures pointed to a pullback at the open Wednesday following Tuesday’s historic rally in anticipation of a coronavirus stimulus deal by Congress. The White House and Senate reached an agreement overnight. Around 7:40 a.m. ET, futures on the Dow Jones Industrial Average were down 200 points, or 1%. S&P 500 and Nasdaq 100 futures were down … Read more

Dow futures surge 900 points – hit ‘limit up’ – on optimism a coronavirus rescue bill is close

Futures contracts tied to the major U.S. stock indexes surged in early trading Tuesday on hopes an agreement on a stimulus bill to rescue the economy from the coronavirus was close. As of 6:24 a.m ET., Dow Jones Industrial Average futures jumped 930 points, or 5%, to hit so-called limit up levels. S&P 500 futures and Nasdaq futures … Read more

Stock futures surge into the green after being ‘limit down’ overnight as Fed announces limitless asset purchases

U.S. stock futures surged on Monday, erasing steep overnight losses after the Federal Reserve unveiled new measures to keep markets working properly. Wall Street awaited Washington lawmakers to agree to an economic stimulus and rescue plan to cushion the blow from the coronavirus outbreak. — RECOMMENDED — 24-Hour Buy Alert (High-Conviction) Teeka just released his brand-new … Read more

The Federal Reserve just pledged asset purchases with no limit to support markets

The Federal Reserve said Monday it will launch a barrage of programs aimed at helping markets function more efficiently in the wake of the coronavirus crisis. Among the initiatives is a commitment to continue its asset purchasing program “in the amounts needed to support smooth market functioning and effective transmission of monetary policy to broader … Read more

The Dow is set to open 400 points higher, a second day of gains; tech shares jump

U.S. stock futures jumped on Friday, pointing to a second day of gains. Nasdaq futures hit ‘limit up’ levels on exchanges. As of 7:44 a.m. ET, Dow Jones Industrial Average futures were up about 460 points, implying a gain of 400 points at the open on Friday. S&P 500 futures were up about 2%. Nasdaq-100 … Read more

Dow jumps 300 points led by tech stocks, rebounding from three-year low

Stocks jumped on Thursday, erasing steep losses from earlier in the day as sharp gains in big-tech shares led to a sharp turnaround. The Dow Jones Industrial Average traded 300 points higher, or 1.5%. The S&P 500 was up 1.5% while the Nasdaq Composite outperformed with a 3.4% surge. Shares of Netflix and Facebook rose 7.6% and … Read more