Dow falls 300 points
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Verizon has the lowest share price among the Dow's 30 components -- and that's a dangerous place to be in a share price-weighted index.
The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.
US stocks hit records, and Nvidia closed above a $4 trillion market cap for the first time. Investors looked past tariffs and toward earnings season.
A fresh bout of technical weakness has dragged the Dow Jones Industrial Average back below 44,400 following a strong bullish performance through the last third of June. The major equity index peaked near 44,800, failing to breach all-time highs north of the 45,000 handle.
DIA ETF tracks the iconic Dow Jones Industrial Average with low expenses but faces drawbacks like limited holdings.
The stock market pulled back from record levels during a sleepy Friday session, as a gauntlet of key earnings and inflation reports loomed. The Dow Jones Industrial Average dropped 279 points, or 0.6%.
The blue-chip Dow Jones Industrial Average was headed for back-to-back losses on Tuesday as investors monitored tariff developments at the White House. President Donald Trump on Tuesday talked up his vision for tariffs,
Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.
Stocks closed lower Friday, a day after the S&P 500 posted a new record high, following the announcement of a 35% tariff on Canada.
Stock indexes closed higher on Wall Street, enough to nudge the S&P 500 and the Nasdaq composite to more records. The S&P 500 rose 0.3% Thursday, and the Nasdaq edged up 0.1%. It was the second all-time high in a row for the Nasdaq.
Stocks moved lower in early trading Friday as investors digested the latest threats from President Donald Trump to impose hefty tariffs on U.S. trading partners.