Dow ends up nearly 600 points, S&P 500 and NASDAQ jump
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Stock futures were poised for a lower open ahead of the final day of a volatile week of trading, while safe-haven gold futures set their latest record.
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Stock market today: Dow falls in wake of Greenland deal rally; Intel plunges after earnings (live coverage)
The Dow Jones index dropped Friday following two days of gains from the Greenland deal rally. Intel plunged on earnings.
The Dow is chock-full of high-quality companies that pay growing dividends.
Stock futures advanced Thursday, a day after major equities indexes rebounded as President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs over Greenland.
Stocks rose on Thursday, extending their gains from the previous session after easing geopolitical fears sparked a broad-based market rally.
Dow Jones has also moved higher, supported by rising demand for healthcare and financial stocks. In case Dow Jones settles above the 48,800 level, it will head towards the 50 MA at 49,120. A move above the 50 MA will push Dow Jones towards the resistance at 49,500 – 49,600.
The Dow Jones Industrial Average fell more than 870 points and the S&P 500 and Nasdaq Composite fell more than 2% each, amid global trade tensions.
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Dow Jones futures fall after stocks extend rebound, Tesla rallies on self-driving news; Intel dives late
The stock market extended its Greenland bounce, with Tesla rallying on big self-driving robotaxi news. Intel tumbled late.
Dow, S&P 500, and Nasdaq futures are falling in premarket trading as the stock market digests a shift in geopolitical tensions after President Donald Trump backtracks on tariff threats over his desire to acquire Greenland.
The Dow Jones Industrial Average is back on the doorstep of record territory. The blue-chip index was up 434 points, or 0.9%, near 49,507, at last check. Any close of 49,590.20 would be a fresh record close,
Dow Jones and Polymarket said Wednesday that they signed an exclusive agreement under which Polymarket’s real-time prediction market data will be made available across Dow Jones’ US financial media properties. Financial terms of the deal were not disclosed.
The Dow Jones gained over 300 points on Thursday, recovering the entire 900-point fall it saw on Tuesday. The S&P 500 and Nasdaq also ended higher and are also within touching distance of recovering all of their respective losses from Tuesday as well.