Stocks futures are pointing to a sharply lower open on Monday as technology stocks tumble on concerns about the competitive threat that China poses in the race to develop artificial intelligence.
The Fund seeks to provide investment results that correspond, before expenses, to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Fund holds a portfolio of the ...
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.
US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a slow trading day.
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is one of the largest and most liquid U.S. equity ETFs available to investors.
Throughout the premarket and early selling, the Dow Jones Industrial Average ( DJI) has been outperforming. And now, with all the major averages off their lows, The Dow ( DJI) (NYSEARCA: DIA) -0.1% is close to the unchanged level, while the S&P ( SP500) ( SPY) -1.5% and Nasdaq (COMP.IND) ( QQQ) -2.4% are still deep in the red.
S&P 500 futures are falling 1.6%. Dow Jones Industrial Average futures are dropping 0.9%. Nasdaq 100 futures are plunging 2.6%. On Friday, the Dow Jones Industrial Average fell 141 points, or 0.32%, to 44,
Burberry shares soared 15% in opening trade following the update. Luxury bellwether LVMH rose 3%, while French peers Kering and Hermes climbed 9.5% and 2.4%, respectively. Italian high-end brands Salvatore Ferragamo, Brunello Cucinelli, and Moncler rose 7.4%, 2.2% and 5.3%, respectively. Cartier Owner Richemont was also up 2.7%.
The Dow Jones rallied on the stock market today amid moves by President Donald Trump. Cathie Wood snapped up a rebounding AI stock.
MSCI's gauge of stocks across the globe rose 2.38 points, or 0.28%, to 849.68. Earlier, Europe's STOXX 600 index closed up 0.98%, with luxury stocks boosted after Cartier jewelry owner Richemont's results exceeded analysts' expectations.
On Wall Street, major indices declined after their biggest daily percentage gains since the November 6 rally post the US presidential election. The Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13; the S&P 500 dropped 12.57 points, or 0.21%, to 5,937.34; and the Nasdaq Composite lost 172.94 points, or 0.89%, to 19,338.29.
US markets finished lower on Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results