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Tag Archives: prudential financial

Dow Futures Open 700 Points Up on Tuesday after Trump’s Tweet about Airlines Support

Dow Futures are showing a sharp recovery after Monday’s bloodbath as U.S. President Donald Trump assures supporting industries amid this ongoing COVID-19 outbreak that has disrupted the global economy.On Monday, Dow Jones suffered its worst day after the “Black Friday” market crash of 1987 as fears of coronavirus continue to mount further. The Dow Jones crashed 12.9% i.e. nearly 3000 points closing at 20,188 levels. Just at the Monday opening, Dow Jones triggered a circuit breaker halting...

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Dow and S&P 500 Fell Down 9.4% and 9.3% Respectively after Fed Cuts Rates

Stocks fell sharply on Monday even after the Federal Reserve cut rates amid the coronavirus outbreak. The S&P 500 dropped 9.3% while the Dow Jones Industrial Average lost 2,174 points. The Nasdaq Composite traded 9.3% lower.After the circuit breaker was lifted following a 15-minute halt in trading due to the S&P 500‘s fall of over 9% on Monday, stocks on Wall Street continued plunging amid extended coronavirus fears. Dow Jones has also experienced another loss and dropped by 9.4%.In...

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