U.S. stocks eased on Tuesday as investors took profits a day after the S&P 500 logged its longest streak of gains this year and as new U.S. coronavirus cases rose further. Large parts of the United States reported tens of thousands of new coronavirus infections. New York expanded its travel quarantine for visitors from three more states, while Florida™s greater Miami area rolled back its reopening. Unofficially, the Dow Jones Industrial Average fell 396.5 points, or 1.51%, to 25,890.53, the S&P 500 lost 34.35 points, or 1.08%, to 3,145.37 and the Nasdaq Composite dropped 89.76...

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The Dow and S&P 500 rose on Thursday to close at record highs as health insurers gained after the Trump administration scrapped a plan designed to rein in prescription drug prices, while financial shares climbed with bond yields. The Dow Jones Industrial Average rose 227.88 points, or 0.85%, to 27,088.08, the S&P 500 gained 6.84 points, or 0.23%, to 2,999.91 and the Nasdaq Composite...

The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell that signaled easier monetary policy could be implemented later this month. The 30-stock average broke above 27,000 for the first time in its history, rising 200 points or 0.8%. Meanwhile, the S&P 500 rose 0.3% to trade back above 3,000...

European stocks closed lower on Thursday after the IMF said the euro zone economy faces rising risks stemming from trade tensions, Brexit and Italy. In a report published on Thursday afternoon, the International Monetary Fund (IMF) also called for fresh stimulus from the ECB. œDirectors agreed that monetary policy should remain accommodative until inflation is sustainably converging to the...

Stocks opened higher Thursday, building on gains that saw the Nasdaq Composite index end in record territory Wednesday, and the SP500 hit 3,000 for the first time intraday, after Federal Reserve Chairman Jerome Powell reinforced expectations for an interest rate cut later this month. The Dow was up 0.6 % at 26,942 while the SP500 rose 0.2% to 2,998 and Nasdaq was up 0.1% at 8,213. Powell, who...

U.S. stock index futures were slightly higher on Thursday morning, on the back of fresh comments by Fed Chairman Jerome Powell. At around 04:49 a.m. ET, Dow futures rose 49 points, indicating a positive open of more than 55 points. Futures on the S&P and Nasdaq were both seen slightly higher. Wall Street ended Wednesdays session seeing record highs after Powell hinted at easier monetary...

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