Dow Rises by More than 500 Points as Traders Look to Robust Earnings Season
33 Articles
33 Articles
Dow Jumps More Than 500 Points Ahead Of Earnings: Investor Fear Eases, Greed Index Remains In 'Fear' Zone - Cleveland-Cliffs (NYSE:CLF)
The CNN Money Fear and Greed index showed further easing in the overall fear level, while the index remained in the “Fear” zone on Monday. U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 500 points during the session, led by a rebound in small-cap stocks and regional banks, easing some of the credit-driven anxiety that shook markets last week. Large-cap benchmarks also posted solid gains. Moderna Inc. (NASDAQ:MRN…
Dow rises by more than 500 points as traders look to robust earnings season
By Lucy Bayly, John Towfighi, CNN New York (CNN) — Wall Street kicked off a new week in high gear as optimism rose that the 20-day shutdown of the federal government could soon draw to a close. National Economic Council Director Kevin Hassett told CNBC Monday he believes the shutdown is “likely to end sometime this week” and that the Trump administration would implement punitive new measures if Democrats in the Senate continue to hold out. Trade…
In the second half of last week, concerns about the lending practices of the US regional banking sector spoiled the stock market sentiment, but the US stock markets were able to turn around last Friday, which was followed by positive movements in Asia this morning after the release of important Chinese macro data. The improvement in sentiment has also arrived in Europe, with leading indices rising, and similarly, the mood was good in the US. The…
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