Stocks in holding pattern
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The Dow Jones Industrial Average (DJIA) soared to new all-time highs on Friday, testing above 45,700 for the first time since the index’s inception. The Dow Jones soared over 900 points in a single day as investors piled ferociously back into bullish bets, as a September interest rate cut looks to be in the bag.
Dow Jones hits intraday all-time high! See top-performing stocks like AXP, HD & BA and learn about Seeking Alpha's Quant ratings.
If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.
Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.
A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish message during his highly anticipated speech at Jackson Hole. IWM ETF is moving fast.
Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
The S&P 500 fell 0.4%, its fifth straight modest loss since setting an all-time high last week. The Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite slipped 0.3%.
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