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The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
Stock futures are little changed Thursday as investors digest quarterly results from major companies and await further developments in President Donald Trump's feud with Federal Reserve Chair Jerome Powell.
U.S. stocks were higher in afternoon trade, with the blue-chip Dow Jones Industrial Average up about 120 points, as investors cheered relatively robust economic data emerging in the weeks before President Trump's next tariff deadline.
Down Jones Newswires launches an AI-powered French language service, following the rollout of Korean and Japanese last year.
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In the early trading, the Dow Jones Industrial Average was up 0.5% at 44,459.85. The broad-based S&P 500 gained 0.2% to 6,277.12, while the tech-rich Nasdaq Composite Index advanced 0.3% to 20,784.75.
June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.
Stock futures are little changed Wednesday ahead of the release of wholesale inflation data as earnings reports from banks and other major companies stream in.
The Dow Jones Index has surged and entered a bull market in the past few months. Explore what to expect ahead of earnings
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