Dow rises, S&P 500, NASDAQ take aim at records
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Dow Jones Today: S&P 500, Nasdaq Retreat From Record Highs as Stocks Edge Lower Amid Earnings Deluge
Stock futures wavered between slight gains and losses Tuesday morning as investors reacted to quarterly results from a slew of major companies.
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Investor's Business Daily on MSNStock Market Today: Dow Weighed Down By Warren Buffett Holding, As Trump Proved Right; Auto Name Skids (Live Coverage)A long-time holding of famed investor Warren Buffett, Coca-Cola KO trimmed larger earlier losses to 0.8% in recent trades. The drop came the after beverage giant topped second-quarter earnings expectations but its sales lagged views. It raised its full-year 2025 profit growth outlook to 3% from its previous forecast of a range of 2% to 3%.
The nearest resistance level for Dow Jones is located in the 44,600 – 44,700 range. A successful test of this level will open the way to the test of the next resistance at 45,000 – 45,100. RSI is in the moderate territory, so there is plenty of room to gain momentum in the near term.
The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.
The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,
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Dow Jones gains on strong healthcare and financials while Nasdaq drops as tech stocks retreat, signaling sector rotation in US indices today.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
U.S. stocks were trading higher Monday afternoon as investors remained optimistic about the ongoing earnings season. Only two out of 11 sectors in the S&P 500 were moving lower Monday. The S&P 500's energy sector was down 0.
Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said on Monday, sending its shares down 2.5% in morning trade.
With its newspaper at the center of the ‘Epstein case’ storm, the company’s response has been to proclaim its ample trust in the ‘rigor and accuracy’ of its journalists