Stocks kick off October with a huge rally | CNN Business

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Stocks rallied to begin the fourth quarter, with the Dow closing up 765 points

The Dow rose 765 points, or 2.7%. That was its biggest gain since mid-July. The Nasdaq and S&P 500 gained 2.3% and 2.6%, respectively. Stocks ended September with a resounding thud on Friday. In a sign of how volatile the market is, all but one of the 30 Dow stocks ended the day higher Monday — after they all finished lower Friday. was Monday’s lone laggard.

The latest manufacturing data in the US might also give the Fed reason to reconsider how much it should be raising interest rates. The Institute for Supply Management, a non-profit economic association, reported that its influential manufacturing index fell from August and was below Wall Street’s forecasts. That could be a sign that the Fed’s rate hikes are already having the desired effect of slowing the economy and reducing inflation.

 

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

Joe Biden campaigned on SHUTTING DOWN AMERICAN FOSIL FUELS! Period! Joe Biden SHUT DOWN AMERICAN OIL and chose OPEC&RUSSIAN OIL and now both are cutting down oil by 2 million barrels a day! This is Biden&Democrats fault NOT Covid NOT Putin but YES Biden! Period! A FACT!

Solidarity with Iranian people. Death to IRGC

StopHazaraGenocide

It's a false rally.

Why this is bad for Biden…

if trump was president it would be up more

Republicans are still in good shape to make big gains in November

When does trump get to take credit for this?

Buck Fiden

Drop 4000 pts to announce a 700 pt rally? How low can the media go to hide this disaster?

They really think we're stupid, they've lied so much, this is how they laundry money, how they steal from us, Biden is crooked.

rauItrades Lmfao spot on Raul

Viagra symptom ... soon all fall back again !

It's all a con game, tomorrow it will go down more than it went up today.

We need info.

We hope for a good run

there have been plenty of rallies during this long decline, so no one can complain about not having a chance to sell when we finally reach the bottom

Stocks fall, stocks rise..

Say her name MahsaAmini

According to DonaldJTrumpJr - stocks are run by Presidents so THANK YOU JOE BIDEN

Another Biden W

Risk on 4th

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:

 /  🏆 393. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

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

U.S. stocks kick off October trading higher after September lossesU.S. stocks opened higher Monday, with all three major benchmarks kicking off October with gains after an ugly September. The Dow Jones Industrial Average...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks rally to start October and a new quarter with Dow up over 600 pointsWall Street is coming off a tough month, with the Dow and S&P 500 notching their biggest monthly losses since March 2020. LetsGoBrandon pelosi InsiderTrading LetsGoBrandon
Source: NBCNews - 🏆 10. / 86 Read more »

European Stocks Set to Slump at the Open, Following Gloomy Sentiment in Asia-PacificThe lower open expected in Europe this morning comes after a gloomy trading session in Asia-Pacific markets, with sharp moves in the price of oil. It already slumped, it's already shorted over the weekend,
Source: nbcsandiego - 🏆 524. / 51 Read more »

Supreme Court rejects challenges to federal ban on bump stocks, classifying them as machine gunsThe Supreme Court announced Monday it would not hear a challenge to the federal ban on bump stocks, which classifies the devices as “machine guns.”
Source: WashTimes - 🏆 235. / 63 Read more »

Week Ahead: Stocks To Gyrate On Technicals, Mester, Jobs Data | Investing.comMarket Overview Analysis by Pinchas Cohen/Investing.com covering: S&P 500, Dow Jones Industrial Average, US Small Cap 2000, NASDAQ Composite. Read Pinchas Cohen/Investing.com's latest article on Investing.com 📢 🌾📶🍼 $DIA Latest close: 287.3 50 Days Moving Avg: 319.42 (yellow line) 200 Days Moving Avg: 332.2 (pink line) MACD: -8.42 Signal Line: -6.79 Histogram: -1.63 This is how it looks for one of the least volatile ETFs of the stock markets. ETFs investment
Source: Investingcom - 🏆 450. / 53 Read more »