The Dow Jones Industrial Average closed above 26,000 points Wednesday, CNN Money reported, marking a historic first for the market index. The Dow had first passed the 26,000-point threshold Tuesday, but Wednesday was the first day that it sustained those gains at market close. Overall, the index spiked 323 points over the course of Wednesday's trading, ending the day at 26,115.65 points.
Dow Closes Above 26,000 In Market First
The Week - Business, The Week: Business
Wed, 01/17/2018 - 2:18pm
BING NEWS:
- Dow tumbles nearly 400 points as new inflation fears dent hopes of Fed rate cut
The S&P 500 and Nasdaq also pared losses, dropping 0.8% and 1.1%, respectively. Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue. Other growth stocks also came under pressure, with Alphabet, Amazon and Microsoft down between 2% and 4.5%.
04/25/2024 - 9:21 am | View Link - The Dow and the S&P 500 finish strong as corporate earnings drive stocks higher
Many companies reported positive earnings Tuesday, helping the Dow Jones Industrial Average rise more than 260 points by the end of the day. General Motors stock jumped after the company released its better-than-expected quarterly report,
04/23/2024 - 10:43 am | View Link - More
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