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.
Stocks rose on Thursday, extending their gains from the previous session after easing geopolitical fears sparked a broad-based market rally.
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.
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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,
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.
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.
U.S. stocks rally on easing geopolitical concerns, with Dow up 300 points. CNN Money Fear and Greed index improves, remains neutral.
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.
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Dow, S&P 500 Hit New Highs: Investor Sentiment Improves, Fear & Greed Index Moves To 'Greed' Zone
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