Stocks & Investing
Stocks and Investing
Stocks and Investing
Thu, November 28, 2024
[ 07:41 AM ] - United States, Thomas Matters
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[ 05:20 AM ] - United States, Thomas Matters
[ 05:20 AM ] - United States, Thomas Matters
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[ 04:21 AM ] - United States, Thomas Matters
[ 04:20 AM ] - United States, Thomas Matters
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[ 02:21 AM ] - United States, Thomas Matters
[ 02:21 AM ] - United States, Thomas Matters
[ 01:40 AM ] - United States, Thomas Matters
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[ 01:00 AM ] - United States, Thomas Matters
[ 12:41 AM ] - United States, Thomas Matters
[ 12:40 AM ] - United States, Thomas Matters
[ 12:20 AM ] - United States, Thomas Matters
Dow Jones Industrial Average ends Wednesday lower despite tapping record bid
- After an early bump to test record highs, the Dow Jones is softening slightly, down around 100 points as of writing. Most of the major equity board's listed securities are finding higher ground on the day, but concentrated losses in familiar tech stocks are dragging the averages lower.
The Dow Jones Industrial Average (DJIA) reached a new record high on Wednesday, November 27, 2024, driven by positive economic indicators and strong corporate earnings. Investors were particularly buoyed by better-than-expected retail sales figures for November, signaling robust consumer spending. Additionally, the market reacted positively to the Federal Reserve's indication of maintaining current interest rates, fostering an environment conducive to economic growth. Key sectors like technology and finance led the gains, with companies like Apple, Microsoft, and Goldman Sachs reporting earnings that exceeded forecasts. Despite these highs, some analysts caution that the market might be overvalued, pointing to potential volatility in the near future.
Read the Full FXStreet Article at [ https://www.fxstreet.com/news/dow-jones-industrial-average-tests-new-record-high-on-wednesday-202411271816 ]
Read the Full FXStreet Article at [ https://www.fxstreet.com/news/dow-jones-industrial-average-tests-new-record-high-on-wednesday-202411271816 ]
