U.S. equities kicked off the second half of the year on the right foot, closing mostly higher on Monday as bank stocks climbed. The Dow Jones industrial average notched a record high before closing about 130 points higher, with Goldman Sachs contributing the most gains. The S&P 500 rose 0.23 percent, with financials and energy […]
Tag: Dow Industrials
Stock Market Looks To Be Strong In Second Half Of Year
The first half of the year comes to a close Friday, and it certainly has been a strong period for stocks. Year-to-date gains through Thursday: the Dow was up 7.7 percent, the S&P 500 is up 8 percent and the standout Nasdaq has soared over 14 percent. Over the past two decades, stocks have generally […]
Economist Warns Of Looming Stock Market Crash That Will Rival Great Depression
He’s a market watcher known for making bold calls spanning decades. Now, Harry Dent is arguing that the Trump rally is setting investors up for an inevitable stock market crash. Investors have embraced the prospect of President-elect Donald Trump’s victory by sending stocks on a tear to new record highs. Dent, however, thinks there’s trouble […]
Stock Market Soars Post Election, Corrections Coming
Donald Trump’s election has given a quick boost to stocks, with the Dow Jones industrial average touching all-time highs. Since markets closed Tuesday, the Dow and the S&P 500 are up about 3 percent — and that’s after coming back from the massive Tuesday night drop. Some market observers expect that boom to continue through […]