Equity News Results

  • Wall Street's rise from pandemic lows has further to go, say strategists: Reuters poll

    The S&P 500 is poised to climb 9% between now and the end of 2021 as the anticipated widespread release of a COVID-19 vaccine drives an economic and corporate earnings recovery from the pandemic, according to a Reuters poll of strategists. After a more than 60% recovery from the March lows of the outbreak to a record high on Nov. 16, the benchmark index is now up about 10% in the year to date.

  • GLOBAL MARKETS-Stocks rise as vaccines, Biden presidency lift global confidence

    * After delay, U.S. government officials nod to Biden transition. * Dow industrials index trades over 30,000 for first time. * Bitcoin trades over $19,000, eyes record high. By Katanga Johnson.

  • Wall Street's rise from pandemic lows has further to go, say strategists: Reuters poll

    The S&P 500 is poised to climb 9% between now and the end of 2021 as the anticipated widespread release of a COVID-19 vaccine drives an economic and corporate earnings recovery from the pandemic, according to a Reuters poll of strategists. After a more than 60% recovery from the March lows of the outbreak to a record high on Nov. 16, the benchmark index is now up about 10% in the year to date.

  • Inside Tuesday's Historic Dow Move -- Update

    U.S. stocks surged Tuesday, with the Dow Jones Industrial Average crossing 30000 for the first time, after President Trump said his aides would cooperate with President-elect Joe Biden's transition to the White House. That news eased investors' concerns about a drawn-out period of uncertainty and added more steam to a recent rally that has been spurred by promising results from potential coronavirus vaccines. The 30- stock index of blue-chip companies opened modestly higher,...

  • Inside Tuesday's Historic Dow Move

    U.S. stocks surged Tuesday, with the Dow Jones Industrial Average crossing 30000 for the first time, after President Trump said his aides would cooperate with President-elect Joe Biden's transition to the White House. That news eased investors' concerns about a drawn-out period of uncertainty and added more steam to a recent rally that has been spurred by promising results from potential coronavirus vaccines. The 30- stock index of blue-chip companies opened modestly higher,...

  • Dow Jones Industrial Average Crosses 30000 for First Time

    The Dow Jones Industrial Average vaulted above 30000 for the first time, a remarkable rally that has lifted the stock market to records even in the midst of a devastating pandemic. The blue-chip index rose 1.5% to finish at 30046, a roughly 60% climb from its March nadir. It flirted with the level throughout the morning, coming just shy of crossing it several times before breaking through.

  • GLOBAL MARKETS-Oil up, stocks rally to records as U.S. political uncertainty ebbs

    * After delay, U.S. government officials nod to Biden transition. * Dow closes over 30,000 for first time; S&P 500 also at record. * Bitcoin trades over $19,000, eyes record high. By Rodrigo Campos.

  • Inside Tuesday's Historic Dow Move

    U.S. stocks surged Tuesday, with the Dow Jones Industrial Average crossing 30000 for the first time, after President Trump said his aides would cooperate with President-elect Joe Biden's transition to the White House. That news eased investors' concerns about a drawn-out period of uncertainty and added more steam to a recent rally that has been spurred by promising results from potential coronavirus vaccines. The index of blue-chip companies gained more than 450 points, or...

  • US STOCKS-Dow scales 30,000 on vaccine headway, Biden transition

    * S&P 500 on pace for biggest monthly percentage gain since April. * Tesla market value crosses $500 billion. * Economically sensitive sectors jump. By Chuck Mikolajczak.

  • Dow Jones Industrial Average Hits 30000 for the First Time

    The Dow Jones Industrial Average jumped past 30000 for the first time Tuesday, the latest milestone in a postelection rally turbocharged by promising results from three potential coronavirus vaccines. The index of blue-chip companies gained more than 450 points in recent trading, or 1.5%, to push it to 30040. Earlier in the day, the Dow went above 30100, its highest intraday level in history. The rise beyond 30000 underscores this year's remarkable journey for the Dow...

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