All Posts in "Dow"

Tech stocks, Household Depot pull S&P 500, Dow from history highs

Traders work on the trading flooring at the New York Stock Trade (NYSE) in Manhattan, New York Town, U.S., August 11, 2021. REUTERS/Andrew Kelly

  • Household Depot falls as U.S. identical-store profits miss out on estimates
  • U.S. retail gross sales drop 1.1% in July on weak autos
  • Walmart edges larger on elevating once-a-year forecast
  • Indexes down: Dow .94%, S&P .93%, Nasdaq 1.26%

Aug 17 (Reuters) – Wall Street’s main indexes slid on Tuesday, weighed down by a drop in mega-cap technologies-associated stocks and a weak earnings report from Dwelling Depot, whilst a blended batch of knowledge advised an uneven U.S. economic restoration.

House Depot (Hd.N) dropped 4.7% following it missed Wall Avenue estimates for U.S. very same-retail store gross sales for the 1st time in two a long time, as do-it-yourself assignments through the peak of the pandemic tapered off. examine additional

The outcomes also despatched shares of smaller rival Lowe’s

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Nicky Chicca by — August 18, 2021 in Er Tech
Dow, S&P 500 scale new peaks as $1 trln infrastructure invoice passes

A trader performs on the buying and selling flooring at the New York Inventory Trade (NYSE) in Manhattan, New York City, U.S., August 9, 2021. REUTERS/Andrew Kelly

  • Senate votes 69-30 to move infrastructure package deal
  • ‘Meme stock’ AMC rises on upbeat Q2 outcomes
  • Kansas City jumps as Canadian Pacific sweetens buyout supply
  • Indexes: Dow up .39%, S&P rises .22%, Nasdaq down .24%

Aug 10 (Reuters) – The blue-chip Dow and the benchmark S&P 500 hit history highs on Tuesday, lifted by a rally in overall economy-connected value stocksafter the Senate passed a significantly-anticipated bipartisan $1 trillion infrastructure package.

A prime precedence for President Joe Biden, the invoice could provide the nation’s major investment in decades in streets, bridges, airports and waterways. Senators also began voting on a comply with-up $3.5 trillion paying out package that Democrats strategy to move with out Republican votes. read a lot more

“It really is

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Nicky Chicca by — August 11, 2021 in Er Tech