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Showing 1 - 10 of 25 results for "DJIA"

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
... It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%. The financial literati were ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... benchmark indices down sharply into a bear market in the first three months of this year: the S&P 500 down by 29.7%; the DJIA down by 31.4%; the Nasdaq down by 25.6%; the Russell 2000, down by 39.2%. The "winter of despair" was captured by the spike ...

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... US non-farm payrolls report sent Wall Street on the up and up - the S&P 500 gained 2.6% on the day (4.9% on the week); the DJIA rose by 3.2% (6.8%); the Nasdaq went up by 2.1% (3.4%) and the Russell 200 increased by 3.8% (8.1%). For a number of weeks ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... to have made their way to Wall Street. For how else is one to explain the rally on 'the wall' - S&P 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell 2000 up 3.6% -- on the same day that the US Bureau of Labour Statistics (BLS) released actual ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
... ol' London town - underscored by the surge on Wall Street overnight. All major US benchmark equity indices rocketed: DJIA by 7.7%; S&P 500 by 7.0%, Nasdaq composite by 7.3%; Russell 2000 by 8.2%. Again, hoping for the best but prepared for the worst. ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... shining after several cold, wet, windy or cloudy days. But the rise and rise of the US equity market - the S&P 500 index, the DJIA, and the Nasdaq composite index all closed at new record highs last week - forward-looking as it is, portends good tidings ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... instead of revving up the risk on trade, it was risk off. Equity markets fell. The S&P 500 index fell by 1.1% on the day; the DJIA declined by 1.2%; the Nasdaq composite index lost 1.2%; and Russell 2000 index closed 0.7% lower. Bond yields dropped. ...

No-deal Brexit prolongs market uncertainty

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
... confidence could trigger an early election. The FTSE recorded a 0.58% increase to 6895.02, while other major indices such as the DJIA rose 0.65% to 24,065.59. Saxo Capital Markets strategist Eleanor Creagh said the latest developments have not offered ...

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
... neutral at this point, probably." As a result, US benchmark equity indices dropped in the month of October - S&P 500 (-6.9%); DJIA (-5.1%); Nasdaq (-9.2%); Russell 2000 (-10.9) - pulling down stock market indices around the world with them. But hey ...
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