Dow Climbs 100 Points, Stocks Post Minor Gains Despite Another Worse-Than-Expected Jobs Report

  • 📰 Forbes
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Shares of IBM and Regeneron helped buoy major indexes on Thursday, but the broader market remained tepid.

Shares of IBM and Regeneron Pharmaceuticals helped buoy major indexes on Thursday, but the broader market remained tepid as jobless claims continue to paint a grim picture of the economic recovery and uncertainty over coronavirus relief remains.The Dow Jones Industrial Average was up roughly 100 points, or .4%, and S&P 500 up .6% shortly after the open, while the tech-heavy Nasdaq also climbed up .6%.

IBM shares are surging 8% after the firm announced plans to spin off its IT infrastructure unit into a new public company so that the blue-chip tech firm can focus on the"$1 trillion hybrid cloud opportunity," IBM CEO Arvind Krishna said in a ThursdayRegeneron Pharmaceuticals is another stock outperforming the broader market on Thursday morning, up 2% after President Donald Trump

its experimental Covid-19 treatment and said it enabled him to recover from the disease;"I call that a cure," he said in a video posted to Twitter after the market close on Wednesday.on Thursday morning that it's acquiring investment manager Eaton Vance in a deal valued at $7 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Dow is disconnected from our economy; It’s a rich man’s casino.

We grow weary of the Democrat Pig in a poke campaign. The JoeBiden 'I can't tell you anything because it will become a campaign issue' is multiple levels below the basement. Anger & promises: Biden/Harris Natural Equality: Trump/Pence Choose! tt:ckchumley SaraCarterDC

Why is this happening?

Why is this small gain BreakingNews ?

In other news the country is falling apart people are waiting on food lines

Anticipating a Biden win.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow climbs 325 points as Trump backtracks, says he's open to piecemeal stimulus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Smh🙄 ✅ Never has a plan ✅ Never prepared ✅ Never understands consequences ✅ Never gives 2 effs about anyone else ✅ Never NOT a $hitshow absotutechaoticdisaster AnyoneButTrump2020 BrokeAssPresident DumbAssPresident LiarInChief trump art of the market manipulation
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks suddenly drop after Trump calls off stimulus talks, Dow down 200 pointsStocks were lower after President Donald Trump instructed White House officials to halt negotiations on further coronavirus stimulus. Duh! The guy that touted his negotiating skills in 2016 couldn’t work a deal with the Dems now or even try with BLM over the last few months. Hey MAGA has it sunk in yet that you’ve been duped? The rest of us figured it out years ago. Shooting yourself in the foot to own the libs. A relief package could've been a big win for everyone, instead this likely sealed it for the Dems. Biden2020
Source: CNBC - 🏆 12. / 72 Read more »

Stocks drop, Dow down over 300 points as Trump halts stimulus talksThe Dow Jones Industrial Average gave up a gain of more than 100 points to trade more than 300 points lower on the day after President Donald Trump tweeted... so is Trump just helping the stocks market or not? I am kind of confused here... Trump was in poor health, high risk by age, had severe symtoms including fever, avoided respirator, took all 3 major drugs for covid (cocktail), and was out in 48 hours. What the heck is rest of country doing? Easy. They know that if people don’t have money, they can’t help boost the economy.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks rally, with the Dow up 400 points as Trump urges airline aidU.S. stocks rose after President Donald Trump tweeted support for aid to airlines and other stimulus measures. Those in need want targeted stimulus. The FED Chair wants Targeted Stimulus Trump wants targeted Stimulus. SpeakerPelosi wants non targeted state bailouts. It is about time her highness stopped playing politics. tt:larry_kudlow TreasurySpox MadMoneyOnCNBC Party! Stocks rally in spite of his notice that WH is done negotiations were to help America out. Market anticipates a Biden win, as he shoots himself in the foot. Again 🎉
Source: CNBC - 🏆 12. / 72 Read more »