The Dow tumbles as inflation hits 40-year high

Hanah Lopes

The Dow (INDU) dropped nearly 800 points on Friday afternoon after a key inflation report missed estimates and showed a higher-than-anticipated increase in the price of consumer goods. The May consumer price index rose 8.6% year-over-year, its highest level since 1981. Economists had forecast an 8.3% increase. The core index, […]

Dow Jones Sells Off As Target Plunges 25% On Earnings

Hanah Lopes

The Dow Jones Industrial Average dropped Wednesday in the wake of Tuesday’s bullish stock market gains. Retail stocks spearheaded the declines as Target stock plunged 25% on a weak first-quarter report that showed rising costs had eroded profits. X Doximity (DOCS) and Keysight (KEYS) reported earnings late Tuesday. Analog Devices […]

Dow Jones Falls 300 Points After Stock Market Sell-Off; 7 Key Earnings Movers| Investor’s Business Daily

Hanah Lopes

The Dow Jones Industrial Average fell 300 points Friday morning, threatening to add to Thursday’s sharp stock market losses. Dow Jones stocks American Express (AXP) and Verizon (VZ) headlined seven key earnings movers ahead of Friday’s market open. X Cleveland-Cliffs (CLF), Intuitive Surgical (ISRG), Newmont (NEM), Schlumberger (SLB) and Snap (SNAP) were […]