Despite negative returns for shares of 3M and Merck, the Dow Jones Industrial Average is nearly flat Tuesday morning. Shares of 3M MMM, -5.96% and Merck MRK, -2.15% account for -20% of the blue-chip gauge’s intraday movement, as the Dow DJIA, +0.06% was most recently trading 18 points (0.1%) lower. …
Read More »Dow Giant Among 5 Resilient Stocks In Sickly Market
The market rally is looking sickly, medical names often stand out. Insulet (PODD), Medpace (MEDP), Universal Health Services (UHS), Neurocrine Biosciences (NBIX) and UnitedHealth (UNH) are all worth watching. X Hospital operator UHS stock is in a buy zone right now. PODD stock, Medpace, Neurocrine Biosciences and UnitedHealth are all …
Read More »Dow closes more than 200 points lower, falls for a second straight week as recession fears grow
This week’s best performers include Moderna and two homebuilders Stocks dropped Friday, building on their year-end sell-off, as fears grow over a recession taking place as the Federal Reserve continues raising rates. The Dow Jones Industrial Average lost 281.76 points, or 0.85%, to 32,920.46. The S&P 500 fell 1.11% to …
Read More »Dow nosedives as traders continue selloff on Fed hike
Former Acting White House Chief of Staff Mick Mulvaney argues Democrats have worsened the supply side of the economy. The Dow Jones Industrial Average is nosediving again on Friday, shedding over 500 points following another Federal Reserve decision to hike interest rates. On Wednesday, the central bank announced it would …
Read More »The Dow fell nearly 300 points on Friday. Why stocks keep tumbling | CNN Business
New York CNN — The good vibes on Wall Street are fading fast: US slid tumbled yet again on Friday as investors come to grips with a souring economy. The Dow ended the day down 282 points, or 0.9%. The S&P 500 fell 1.1%, and the Nasdaq Composite was 1% …
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