Do call it a comeback: The Dow could actually end the year in the green | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

United States News News

United States United States Latest News,United States United States Headlines

Most of 2022 has been pretty dismal for investors, but the stock market is in the midst of one heck of a fourth-quarter rally: The Dow enjoyed its best month in nearly a half-century in October and it’s up another 4% in November.

Although stocks were trading lower Monday, the blue-chip index is down only about 6% for 2022 — and just 7% below its all-time high. It would be a stunning comeback if the Dow reclaims all its lost ground and finishes the year in positive territory. As recently as mid-October the Dow was in bear-market territory for 2022, down more than 21%. What’s happened? Top industrial stocks in the Dow such as Boeing\n \n , Caterpillar\n \n and Honeywell\n \n have surged.

Are investors suddenly too giddy? The CNN Business Fear & Greed index, which measures seven indicators of market sentiment, is now showing signs of Greed and is moving closer to Extreme Greed levels. But others believe the market rebound may be warranted, especially for stocks that conservative investors love — such as companies that pay healthy dividend yields. “We think stocks could stabilize. Inflation seems to be cooperating.

 

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

Buy formulainu $finu Last decent investment. Not for idiots.

FakeNews, especially when you consider the market is down about 17% YTD and inflation has taken more than another 8%. Gaslighting DNCTranscriptionist

In the absence(silence) of media we are witnessing a genocide in Sistan and Baluchestan. To this date at least 121 Baluch citizens have been executed UnFactFinder MahsaAmini

Since the beginning of 2022, at least 136 Baluch have been executed. Over the past 15 days, at least 15 Baluch people have been executed. This is about 1 person per day! Meanwhile, Persian news agencies have not even covered it for a second per day!... UnFactFinder MahsaAmini

Many people of Balochistan are not literate due to discrimination and deprivation, and the Islamic Republic exploits this issue to make a case and call them terrorists. Every day many innocent people are executed in Balochistan and this is a genocide! h UnFactFinder MahsaAmini

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:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines