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Dow plummets over 600 points as McDonald's, Fed worries weigh on market
New York Post· 2024-10-24 02:53
Wall Street’s main indexes slid on Wednesday, with the Dow plunging more than 600 points, as worries of a less dovish Federal Reserve lifted Treasury yields, pressuring megacap stocks and amplifying losses in McDonald’s and Coca-Cola shares.In afternoon trading The Dow Jones Industrial Average tumbled 566 points, or 1.3%, to 42,358. The S&P 500 lost 1.5%, and the Nasdaq dropped more than 2%.The benchmark index is set to log its third consecutive day of decline, if losses hold. 3 The Dow and and S&P 500 we ...
Red-Hot Dow Stock Hoping for Post-Earnings Pop
Schaeffers Investment Research· 2024-10-24 01:24
Fresh off 3M (MMM) and Boeing (BA) earnings today, the struggling Dow Jones Industrial Average (DJI) barely gets a breather before another blue chip steps into the confessional. Consumer goods conglomerate Honeywell International Inc (NASDAQ:HON) reports third-quarter earnings before the open tomorrow, and options traders are betting bullishly ahead of the event. Honeywell stock has a history of lackluster post-earnings reactions. Shares gapped 5.2% lower in late July after its second-quarter report, and su ...
McDonald's E. Coli Outbreak Makes It the Worst Dow Stock Wednesday
Kiplinger.com· 2024-10-23 23:10
McDonald's (MCD) is the worst Dow Jones stock Wednesday after the Centers for Disease Control and Prevention (CDC) announced it is investigating an E. coli outbreak linked to the fast-food chain's Quarter Pounder hamburgers."This is a fast-moving outbreak investigation," the CDC said, adding that most of those impacted reported eating the restaurant's Quarter Pounders. Investigators are "working quickly" to identify which ingredient is contaminated. "McDonald's has pulled ingredients for these burgers, and ...
NASDAQ, Dow Jones and S&P 500 Forecast – US Indices Nervous About Rates
FX Empire· 2024-10-23 20:33
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Dow Jones, S&P 500 to fall again as Wall Street remains under pressure
Proactiveinvestors NA· 2024-10-23 19:46
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
McDonald's E. Coli Crisis Sparks 7% Stock Drop, Pressuring Dow Futures
FX Empire· 2024-10-23 16:58
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Dow Jones to Expand WSJ Tech Live Event to Qatar
Prnewswire· 2024-10-23 07:00
Exclusive tech event will convene business leaders, investors and thought leaders in 2025LAGUNA BEACH, Calif., Oct. 22, 2024 /PRNewswire/ -- Dow Jones announced today the expansion of WSJ Tech Live through a multi-year agreement that will bring the marquee event to the State of Qatar starting next year. Appearing on stage at this year's event in Laguna Beach, Calif., Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the Government Communications Office of the State of Qatar, and Almar Latour, publis ...
Dow Warms Up to Q3 Earnings: What's in the Offing for the Stock?
ZACKS· 2024-10-23 04:01
Dow Inc. (DOW) is scheduled to come up with third-quarter 2024 results before the opening bell on Oct. 24.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.DOW surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once. It has a trailing four-quarter earnings surprise of 8.2% on average. Dow posted a negative earnings surprise of roughly 5.6% in the last reported quarter.While DOW is expected to have benefited from its cost and productivity initiativ ...
Dow Falls Over 150 Points; General Motors Tops Q3 Views
Benzinga· 2024-10-22 22:03
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 150 points on Tuesday.Following the market opening Tuesday, the Dow traded down 0.38% to 42,768.98 while the NASDAQ slipped 0.43% to 18,459.79. The S&P 500 also fell, dropping, 0.49% to 5,825.05.Check This Out: Top 4 Consumer Stocks That May Dip This QuarterLeading and Lagging SectorsConsumer staples shares rose by 0.1% on Tuesday.In trading on Monday, consumer discretionary shares fell by 0.9%.Top HeadlineGeneral Motors Compa ...
Dow Jones and S&P 500: Rising Yields Drag Stock Futures, GM and 3M in Focus
FX Empire· 2024-10-22 21:04
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...