Dow Jones Industrial Average, All Time High
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Investors reacted to weaker-than-expected retail sales data and grew concerned about the threat artificial intelligence poses to the financial sector.
Major stock indexes rose Tuesday, with the Dow Jones Industrial Average setting a record for a third straight session. Meanwhile, Treasury yields ticked lower after delayed U.S. retail sales data for December were unchanged when a rise was expected.
Analysts have tempered expectations for January’s employment figures, pointing to signs of slowing job creation in proxy data like the recent ADP private-sector report, which showed only modest gains to start the year.
Stocks drifted to a mixed finish after flirting with record highs. The S&P 500 fell 0.3% Tuesday after briefly rising above its all-time high, which was set a couple weeks ago.
The S&P 500 rose on Monday, boosted by technology stocks, while the Dow Jones Industrial Average reached new heights as investors awaited critical economic data and another batch of earnings reports following a volatile week that ended with the 30-stock index reaching a key milestone.
Markets extended gains on Monday, after suffering major losses days earlier.
The stock market rebounded in a big way Friday, Feb. 6 after various tech concerns fueled a lengthy plunge for much of the previous week.
The S&P and the Dow are two of the most popular bellwether indexes for the American stock market and economy. Here's how they stack up.
President Donald Trump hailed a historic Wall Street milestone Friday as the Dow Jones Industrial Average closed above 50,000 for the first time, a surge he attributed to his administration's aggressive trade policies.
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Dow Jones futures rise before jobs report, Robinhood, Astera dive; AI fears slam these stocks
The stock market paused after a two-day jump. AI fears hit Schwab and other financials. Robinhood and Astera Labs fell on earnings late.