The Dow Jones Industrial Average (DJIA) continues to lean into the bullish on Wednesday, climbing around 100 points and inching towards 44,200 as equities tilt into the buy button. There aren’t any particular reasons for a fresh bull run to kick off, but investors aren’t finding any particular reason for a turn into the bearish side, either.

The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly decline that left it down 1.4% so far in January. That marked the index’s worst performance over the first six trading days of a year since 2016, when it slumped 5.9%, according to Dow Jones Market Data.

The Dow Jones Industrial Average (DJIA) struck a middling tone on Thursday, churning around the 43,200 handle and testing down around 100 points on the day. Price action is hung up on the 50-day Exponential Moving Average (EMA), and investors await any sign of data that could signal a faster pace of rate cuts from the Federal Reserve (Fed).

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.

The 10-year Treasury yield ( ^TNX) added to recent gains to touch a 14-month high, trading around 4.8% as US bonds sold off. Meanwhile, the dollar ( DX-Y.NYB) surged to a two-year high against major currency peers, with the UK pound ( GBPUSD=X ), in particular, coming under pressure.

Wall Street analyzed the cooler-than-expected producer price index for December on Tuesday and looked ahead to the consumer price index report on Wednesday.

On Tuesday, the Dow Jones Industrial Average rose as traders analysed a lighter-than-expected US producer price index (PPI) report, according to CNBC. The Dow gained 221.16 points, or 0.52 percent, closing at 42,518.28. The S&P 500 advanced 0.11 percent to 5,842.91, while the tech-heavy Nasdaq Composite slipped 0.23 percent to 19,044.39.

U.S. stock indexes closed their best week in two months with a flourish on Friday. The Dow Jones Industrial Average rose 334 points, or 0.8%, and the Nasdaq composite rallied 1.5%. All the companies in what's come to be known as the “ Magnificent Seven ” rose: Alphabet,

U.S. stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies

Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government report Friday morning showed U.S. employers added a whopping 256,000 jobs in December. The unemployment rate fell to 4.1%.

Industrial production in the U.S. increased in December, rising for a second straight month, according to statistics from the Federal Reserve. Production increased by 0.9% in December, after ...

Stock market on Wednesday, January 22, 2025, witnessed a mix of cautious optimism and volatility as investors responded to the latest economic reports and corporate earnings.