Indices | Page 23 of 39

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Dow Jones Jumped 300 Points on Vaccine News and Biden to Bring Yellen as Treasury Secretary

By Bhushan Akolkar Nov 24, 2020 • 3 mins read

AstraZeneca and the University of Oxford said that their COVID-19 vaccine candidate is cheaper for production and easier for distribution over its rivals. Also, the market cheered on Yellen news as she oversaw a solid economic expansion during her tenure as the former Federal Reserve Chain between 2014-2018.

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Credit Suisse Puts S&P 500 2021 Target at 4050 as It Anticipates for Virus-Free Economy in 2022

By Steve Muchoki Nov 19, 2020 • 3 mins read

The S&P 500 index has been on the positive side for the better part of the pandemic. The index has gained 10.04% YtD.

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TSLA Stock Up 8%, Tesla Sends Musk’s Wealth to $117B after News on Inclusion into S&P 500

By John K. Kumi Nov 18, 2020 • 3 mins read

Elon Musk has benefited a lot from the inclusion of Tesla into the S&P 500 index with a positive response from the public.

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TSLA Stock Jumps 13% After Hours as Tesla Secures Place in S&P 500

By Bhushan Akolkar Nov 17, 2020 • 3 mins read

Automobile giant Tesla finally makes its way to the S&P 500 on Monday after reporting five consecutive quarter in profits and becoming the world’s most valued automobile company.

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Dow Jones Drops 300 Points on Fears of Slow Economic Growth with Increase of COVID-19 Cases

By Bhushan Akolkar Nov 13, 2020 • 3 mins read

The path to economic recovery looks bleak, delayed, and uncertain at this point as the daily COVID-19 cases continue to hit a record high in the US. Even the latest positive vaccine news has failed to hold up the market.

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Goldman Sachs Predicts Recovery amid COVID-19 Vaccine Hopes, Dow Jones Jumps 3%

By Bhushan Akolkar Nov 10, 2020 • 3 mins read

Banking giant Goldman Sachs expects the USFDA to approve at least one vaccine by January 2021.

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Pfizer COVID-19 Vaccine Efficacy Spurs Market Surge

By Godfrey Benjamin Nov 9, 2020 • 3 mins read

Following the positive news about the Pfizer COVID-19 vaccine efficacy, the stock market has responded with big jumps.

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US and Asia-Pacific Stocks Soar after Biden’s Election Victory

By Darya Rudz Nov 9, 2020 • 3 mins read

Most traders hope that Biden will reduce international conflicts and push for peace. Therefore, their reaction to the election results was positive.

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Tech Stocks on Bounce amid Waiting for Final Election Results

By Godfrey Benjamin Nov 5, 2020 • 3 mins read

The Nasdaq Composite surged by an additional 3.85% on Wednesday to 11,590.78. Namely, the tech stocks included in the index are said to be responsible for this growth spike.

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BTC, Stock Market Stay in Green as Uncertainty Rocks Election Outcome

By Godfrey Benjamin Nov 4, 2020 • 3 mins read

The performance of both Bitcoin (BTC) and the major stock indexes, in particular, has remained resilient these days.

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Major Stock Indexes Pops on Tuesday, Investors Watch Tight U.S. Election

By Steve Muchoki Nov 4, 2020 • 3 mins read

At the close of Tuesday’s trading session, the Dow was trading at 27,480.03, having added approximately 2.06%.

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Dow Jones Climbs 1.6% as Election Day Dawns on Americans

By Godfrey Benjamin Nov 3, 2020 • 3 mins read

While the Americans are voting for their President, major stock indices are climbing higher.

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A Day Before U.S. Presidential Elections: What’s at Stake for Wall Street and Global Markets?

By Bhushan Akolkar Nov 2, 2020 • 3 mins read

Markets remain on the edge a day before the U.S. Presidential elections. Volatility is growing as this week has some big announcements from the Federal Reserve and policymakers. The surge in COVID-19 in the U.S. and Europe puts major pressure on the markets.

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Dow Jones Closes 157 Points Lower as Wall Street Suffers Worst Week Since March

By Darya Rudz Oct 31, 2020 • 3 mins read

Friday’s losses came along with the coronavirus cases in the U.S. hitting new all-time highs and European countries announcing new lockdowns. Besides, this messy week comes just three days before the U.S. election, and traders are preparing for mutable market moves next week.

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Worst Sell-Off Since September: Dow Jones Crashes 650 Points amid COVID-19 Concerns

By Bhushan Akolkar Oct 27, 2020 • 4 mins read

Volatility has once again ensured the stock markets which are facing a double whammy with the rising coronavirus cases on one end and the halting stimulus talks. Markets are losing confidence with a gloomy outlook ahead.