Dow on pace for its biggest intraday comeback in 2 months as financials and health-care stocks burst higher

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Dow Jones Industrial Average late-day Thursday was trading higher, putting the index on track for its biggest comeback in about 8 weeks amid the COVID-19...

The Dow Jones Industrial Average late-day Thursday was trading higher, putting the index on track for its biggest comeback in about 8 weeks amid the COVID-19 pandemic. The Dow DJIA, +0.90% was up 244 points, or 1.1%, at 23,486, following a skid that saw it lose as many as 458 points at its intraday nadir at 22,789.62, or down nearly 2%. If the benchmark manages to end higher for the day it will mark the biggest intrasession rebound since March 19, according to Dow Jones Market Data.

Gains were being driven by an nearly 7% advance in American Express Co. AXP, +6.69% and a 4.4% gain in shares of UnitedHealth Group Inc. UNH, +4.39%, which were helping to lead the charge. The S&P 500 index SPX, +0.40% was up 0.4% at 2,832, powered by a gain in the financials sector XLF, +1.91%, a rally in materials names XLB, +0.52% and health care XLV, +0.69%. The technology-laden Nasdaq Composite Index COMP, +0.08% was trading at around unchanged at 8,870, but well off its lows at 8,705.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks Fall, Dow Plunges Over 400 Points As Reopening Of The Economy ContinuesThe market opened slightly higher today but later turned negative as Wall Street continues to assess the risks of reopening the economy, with some states lifting coronavirus lockdown orders by skleb1234 skleb1234 Get Free books From Amazon.. 👇 Don't miss it... freebooks skleb1234 skleb1234 As in based on nothing new specifically, the wall street elites and their sponsors trashed the markets acutely, again, to the tune of 2% in a few minutes. Try to clarify, once a decade would be nice Forbes.
Källa: Forbes - 🏆 394. / 53 Läs mer »

Dow dives 457 points as Fauci cautions against reopening the economy too early - Business InsiderDr. Fauci said on Tuesday that 'consequences could be really serious' if the US economy reopens too soon.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Stock market live updates: Rally off the lows, Dow gains 300, bank stocks lead comeback“There is so much doom and gloom, and this thing is not going to last forever.” Here’s what 4 experts have to say about the coronavirus pandemic and the state of the stock market today. “Doom and gloom”? You may think that’s because of 30+ million unemployed? Or small businesses going away forever? We have the most death, most unemployment, and worst economy in the world ,yet Wall Street scam is green after being down big earlier. When does the manipulation stop? Inflating the bubble market is not helping us. Every other market in world was red. Fed reserve investigated plz The FED will help stonks and the rich. The peasants don’t matter...
Källa: CNBC - 🏆 12. / 72 Läs mer »