Dow Jones

Dow Jones Closes At 20k For The First Time

... successful bid for the presidency has been tumultuous for the already fickle U. S. stock market. His frequent tirades on Twitter have affected trading prices, particularly for companies he's attacked or praised. On the campaign trail, Trump called the U. S. economy a "big, fat bubble," but there has been some hope from Wall Street that Trump will pursue a pro-business agenda in the White House. The president's administration is littered with former Wall Street investors. Former Goldman Sachs partner Steve Mnuchin and billionaire Wilbur Ross were nominated to serve as treasury secretary and commerce secretary respectively. Trump has used the bully pulpit to battle with automobile manufacturers, Boeing and United Technologies over taxpayer costs and domestic jobs. Before taking office, he held a joint press conference with United Technologies to announce that the company would be keeping 1,000 jobs in Indiana in exchange for a sizable tax ...

Dow Jones Industrial Average Passes 20,000 Points For First Time

... above 20,000 for the first time, at the open Wednesday. The blue-chip stocks index quickly blew through the much-anticipated milestone in the opening seconds of trading, culminating a US rally in the wake of US President Donald Trump's election, in anticipation he will produce pro-growth policies. About four minutes into trading, the Dow was 20,007.77, up 0.5 percent. The broad-based S&P 500 also rose 0.5 percent to 2,290.43, while the tech-rich Nasdaq Composite Index gained 0.6 percent to 5,635.10. The S&P 500 and the Nasdaq each closed at all-time records on Tuesday. In crossing the 20,000 threshold after many failed tries, the market regained its optimistic mindset after the rally spurred by Trump's election stalled in mid-December and up to the January 20 inauguration. Analysts said the shift was triggered by Trump's announcements Tuesday to advance two major pipeline projects that had been blocked by former president Barack Obama. The pipeline move "wasn't a surprise as it was consistent with campaign rhetoric, yet it was a timely reminder for a listless market of the Trump Administration's ...

Hong Kong, Mainland China Stocks Open Higher After Dow Jones Index Passes 20,000 Mark

... to his cabinet. He has also promised to streamline corporate regulations and cut taxes. Positive fourth-quarter company earnings also boosted market sentiment. Nearly 70 per cent of the 104 S&P 500 companies that have reported results through Wednesday morning have beaten expectations, according to Reuters. Other Asian markets showed strong starts after the Dow passed its 20,000 milestone. Tokyo’s Nikkei 225 edged up 1.08 per cent to 19,263.73 in early trading, and South Korea’s Kospi gained 0.20 per cent to 2,071.14. Australia is closed for a public holiday. Most of the Hong Kong-listed companies with American Depository Receipts (ADRs) traded in the US rose along with the US stock rally. HSBC’s ADR closed at HK$66.66 after conversion into Hong Kong dollars, up from the HK$65.50 seen at the Hong Kong ...

Dow Jones Industrials Breach 20,000

... approach to the media with all the subtlety of a Louisville slugger between the eyes: We don’t like you, we don’t want you, we don’t nee…. More Headlines. Markets Right Now: Dow Jones industrials breach 20,000. 7 hrs ago. NEW YORK (AP) — The latest on developments in financial markets (All times local). 4:00 p.m. The Dow Jones industrial average closed above 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market. It's been two months since the Dow crossed 19,000 points. Other major U. S. indexes also closed at all-time highs Wednesday. Banks and other financial companies posted the biggest gains. Wells Fargo jumped 3.7 percent. Industrial companies also rose sharply. Boeing surged 4.2 percent, the biggest gain in the Dow. The Dow, which tracks 30 major industrial companies, surged 155 points, or 0.8 percent, to 20,068. The Standard & Poor's 500 index rose 18 points, or 0.8 percent, to 2,298. The Nasdaq composite rose ...

Dow Closes Above 20,000 Milestone As Stocks Notch Records

... so far this year, gaining 5.1% year to date. “What’s happening with earnings is driving gains, not just in the U. S., this is a global rally,” Detrick said. Plus, resumed leadership from financial stocks and small-caps point to more positives than negatives, he added. The small-cap Russell 2000 index RUT, +0.97%  rallied 1%, while the Financial Select Sector SPDR ETF XLF, +1.67%  jumped 1.7%. Another cautionary signal would also be another big surge in the dollar, he said. “The actual drive upward, and I don’t mean the unimportant level of 20,000 on the Dow, is being driven by a combination of better-than-expected earnings and especially outlooks from companies that suggest that economies in the U. S. as well as in Europe and Asia are in a better shape than we previously thought,” said Kim Forrest, senior analyst and portfolio manager at Fort Pitt Capital Group. Earnings updates: Shares of Alcoa Corp. AA, -2.59%  closed down 2.6% Wednesday after the aluminum giant late Tuesday posted an upbeat forecast for ...

Penngrove Expert On Isis, Dow Jones Prediction And Crab Cakes

... Erick Gelhaus shot and killed Andy Lopez as the 13-year-old carried a toy replica of an assault-type rifle in the fall of 2013, Petaluma filmmaker Ron Rogers set to work. He and a team created by his Blue Coast Films began to gather interviews, video and other materials for a documentary. Three years into the production of “Andy,” Rogers prepares to premiere a 3½-minute trailer at a public fundraising event in Santa Rosa on Sunday. Rogers will request a $25 donation from guests at the 4 to 6 p.m. event at Worth Our Weight, the culinary apprentice cafe in Santa Rosa. He said proceeds will help cover editing and other post-production costs. Light appetizers will be served at the trailer premiere at WOW, and there will be a Q&A with Rogers and others involved in making the film. UP AND UP: Santa Rosa business/community champion Chuck Bartley recalled on Wednesday the predict-a-thon that members of the Downtown Rotary Club played in 1967. The Dow Jones Industrial Average was inching just then toward 1,000. It seems to Bartley that some ...

Dow Jones Closes Above 20,000 Points For First Time Ever

... spending. That could be good. DAVID KOTOK: It's a great idea to rebuild airports like La Guardia in New York and to fix bridges and fix roads and schools and sewer plants and so forth. No one objects to those issues. ARNOLD: That could create a lot of jobs and get money flowing like Niemann was talking about. There's no lack of old, rundown bridges to fix, but. KOTOK: How do you pay for them. ARNOLD: Part of Trump's plan for how to pay for them is to lower corporate taxes. He wants to entice multinational corporations to bring more of their profits back to the U. S. and pay taxes here - that is, instead of stashing the money in tax havens around the world. But Trump can't do that by waving a magic wand. It very well could be a long, protracted debate in Congress. KOTOK: So Trump is going to learn that when you govern as president, you're not the king and the czar, but you also have to deal with the United States Senate and the House of Representatives. ARNOLD: But ...

Gambling Stocks Rise, Dow Jones Crosses 20,000 For First Time In History

... in America, gambling stocks have also been riding the wave. Wall Street’s TV guru Jim Cramer believes gambling stocks and casino companies are positioned for growth under President Donald Trump’s new bullish administration. (Image: Adam Jeffery/CNBC). Knowing that someone with an open mind towards Las Vegas and Atlantic City now sits in the Oval Office, investors on Wall Street have been taking a closer look at buying into companies that operate in the gaming and hospitality industries. Indeed, US stocks across the board have grown since Trump’s surprising defeat of Democratic favorite Hillary Clinton on November 8, with NASDAQ and the S&P 500 both reaching record highs this week following President Donald Trump’s January 20 inauguration. Casino mega-giants like Sheldon Adelson’s Las Vegas Sands, Caesars Entertainment, Steve Wynn’s Wynn Resorts , and more, have experienced a bump as well, although not to the tune some expected. CNBC “Mad Money” host Jim Cramer opined on his show recently that the news of Trump taking office, as well as Macau’s rebound, should be leading to more bullish action on gambling ...

Rane Partners With Dow Jones To Create Unique Risk & Compliance Insights

... entitled, “Is There an ROI on Compliance Investment?” Experts from RANE’s network and Dow Jones Risk & Compliance will discuss ways to ensure effective, scalable, and cost-efficient processes for managing today’s complex risk. Those interested in attending can email __link__ for registration information. “The Dow Jones suite of compliance solutions helps our clients evaluate third party risks faster and with more confidence,” said Joel Lange, Managing Director, Dow Jones Risk & Compliance. “The insights generated from RANE’s network are a great complement to the risk data, research tools, and regulatory compliance solutions we provide, and we look forward to partnering with RANE on this program.”. To learn more about RANE’s suite of risk management products and services, contact RANE at 844-RUN-RANE or visit __link__. About RANE. RANE (Risk Assistance Network + Exchange) is an information and advisory services company that connects business leaders to critical risk insights and expertise, enabling risk professionals to make more informed decisions and more efficiently manage complex risk. RANE provides access to, collaboration with, ...

Eastnets Partners Dow Jones On Financial Crime Watchlist Filtering

... partnership with Dow Jones, the global leader in data intelligence. The partnership, a significant upgrade to East Nets’ filtering solution, gives a global client base access to one of the most extensive global databases of financial crime watchlists. Utilizing a geo-based calendar, East Nets’ will start migrating its global Safe Watch Filtering clients to the Dow Jones watchlists in April 2017. But for its Service Bureau clients, the migration has already started this month. East Nets’ en. Safe Watch Filtering customers will also get to access Dow Jones's Incremental Lists, which take into account additions, deletions and changes done to previous lists' entities; thus reducing operational list management time and effort. As the leader in global resources for anti-money laundering, anti-corruption, economic sanctions, third-party data and commercial risk, Dow Jones offers the ...