The trading week concluded on a mixed note for U.S. stocks as investors grappled with escalating geopolitical conflicts and persistent inflationary pressures.
The US stocks rebounded on Friday and jumped up more than 9 percent after US President Donald Trump declared the coronavirus outbreak a national emergency. The Dow Jones Industrial Average closed 1,985 points higher, or 9.4 percent, at 23,185.62. Friday marked the Dow’s biggest-ever point gain. The S&P 500 climbed 9.2 percent to 2,711.02 while […]
US stocks witnessed plummeted on Thursday after the US President imposed travel ban to curb coronavirus outbreak, which spooked investors and rattled world markets. According to CNBC the Dow Jones Industrial Average fell 2,352.33 points, or 9.99 percent, to 21,200.89, the S&P 500 lost 260.75 points, or 9.51 percent, to 2,480.63 and the Nasdaq Composite […]
The US stock indices plunged on Wednesday after World Health Organization (WHO) declared coronavirus. This is the second major fall in just three days and wipe out Tuesday’s recovery. The major indices ended down included: Dow Jones plunged by 1465 points or 5.9 percent to close at 23,553 points. The S&P 500 fell by 4.9 […]