Dow rises nearly 750 points to finish off best week for stocks since June Article_Normal HEAD TOPICS

Dow rises nearly 750 points to finish off best week for stocks since June

10/21/2022 11:13:00 PM

U S stocks finished sharply higher on Friday with the Dow Jones Industrial Average rising nearly 750 points as the major indexes capped off their biggest

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U.S. stocks finished sharply higher on Friday, with the DJIA rising nearly 750 points as the major indexes capped off their biggest weekly advance since June. The DJIA closed 748.97 points, or 2.5%, higher at 31,082.56, rising 4.9% for the week. U S stocks finished sharply higher on Friday with the Dow Jones Industrial Average rising nearly 750 points as the major indexes capped off their biggest U.(Cheriss May/The New York Times) President Joe Biden in the White House Rose Garden on July 27.Shares of Dow Inc.Back to Top. S. stocks finished sharply higher on Friday, with the Dow Jones Industrial Average rising nearly 750 points as the major indexes capped off their biggest weekly advance since June, according to Dow Jones Market Data. 20, 2022, 12:00 p. The S&P 500 SPX, +2. The company said it has outlined plans to cut costs by $1 billion in 2023 as the macroeconomic environment remains"dynamic.37% finished 86. The S&P 500 is down more than 5% since Joe Biden’s inauguration, and the Dow Jones Industrial more than 4%.97 points, or 2. 4%, higher at 3,752. And one of the most respected bankers in the country is warning of a recession, telling a conference that “this is serious stuff.71 billion, or $2.75, logging a weekly gain of 4.8%.” Inflation? It doesn’t worry him, at least not if the rest of the world could get its act together. The Dow DJIA, +2.11 was down 60% from a year ago but topped the FactSet consensus of $1.47% closed 748. “It’s worse off than it is in the United States. 97 points, or 2.5%, higher at 31,082.” As polls show the economy growing in importance for the midterms -- the latest New York Times poll has 44% of voters saying it’s their top concern, up from 36% in July -- Biden’s overall performance on the issue matters even more, to his detriment and that of his party..56, rising 4.9% for the week. There are policymakers whose worldviews line up with basic economic laws, and then those always bound to be confounded by the real world consequences of their ideological fixations. The Nasdaq Composite COMP, +2. DOW slipped 0. 31% advanced 244. Joe Biden is emphatically the latter on every count.87 points, or 2.3%, to 10,859. He came into office promising to spend $11 trillion over the next 10 years, according to the estimate of Brian Riedl of the Manhattan Institute, and has spent as much of it as he could." Net income dropped to $760 million, or $1.72, a weekly gain of 5.2%. The most significant nod he made to inflation was to call one tranche of this spending the Inflation Reduction Act, as if the name of the bill were more important than its substance. The sharp rally in stocks during the final trading day of the week was accompanied by a drop in 2-year Treasury yields as investors digested a Wall Street Journal report about the Federal Reserve shifting toward smaller interest-rate hikes after the central bank’s early November meeting.23 a share, in the year-ago period. . In June 2021, Treasury Secretary Janet Yellen said inflation would be elevated through the rest of the year, “maybe around 3%,” but this represented “transitory factors. Read more:
MarketWatch » Rich Lowry: Biden deserves what he’s going to get on the economy Dow adjusted profit falls 60% but tops expectations, stock slips Stock market live: Dow up over 200 points as Wall Street shakes off initial gloom Orionid meteor shower peaks Friday: Where to see it in the Bay Area

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CNN News, delivered. Select from our newsletters below and enter your email to subscribe. Read more >> Rich Lowry: Biden deserves what he’s going to get on the economyRich Lowry: 'If Biden is offering poor explanations for poor results, at the end of the day, it doesn’t matter what he says. No presidential statement can compete with declining real wages and steeply increasing food costs.' Unemployment is down more than it's ever been. Inflation caused by pandemic and related supply-chain issues, Putin's war against Ukraine and resulting supply-chain issues, are what's wreaking havoc worldwide. Biden is making good decisions to help most Americans, not just rich HYPOCRITES RepublicansHateAmerica TraitorTrump The national review, a garbage source of lies and BS. How bout you flush the review and their incel opinions? Dow adjusted profit falls 60% but tops expectations, stock slipsShares of Dow Inc. undefined slipped 0.6% in premarket trading Thursday, after the specialty chemicals company reported third-quarter profit and sales that... Stock market live: Dow up over 200 points as Wall Street shakes off initial gloomWall Street weighing possibility that the Fed won’t supersize its next rate hike Clarification: Wall Street is considering the possibility that the Federal Reserve's rate hike in December, not in November, will be of a lesser magnitude. Orionid meteor shower peaks Friday: Where to see it in the Bay AreaSet your alarms: The best viewing time will be from 1 a.m. to 3 a.m. Friday. Air quality issues Thursday, smoke clears and rain returns FridayPoor air quality will be a major factor around the Puget Sound area Thursday morning with some relief from the smoke expected starting Thursday evening. FOX13 Amazon Black Friday 2022 deals: All of Amazon's best deals so farBlack Friday is here, and some of the best deals come straight from Amazon. Here are the best Amazon Black Friday deals for 2021. U.(Cheriss May/The New York Times) President Joe Biden in the White House Rose Garden on July 27.Shares of Dow Inc.Back to Top. S. stocks finished sharply higher on Friday, with the Dow Jones Industrial Average rising nearly 750 points as the major indexes capped off their biggest weekly advance since June, according to Dow Jones Market Data. 20, 2022, 12:00 p. The S&P 500 SPX, +2. The company said it has outlined plans to cut costs by $1 billion in 2023 as the macroeconomic environment remains"dynamic.37% finished 86. The S&P 500 is down more than 5% since Joe Biden’s inauguration, and the Dow Jones Industrial more than 4%.97 points, or 2. 4%, higher at 3,752. And one of the most respected bankers in the country is warning of a recession, telling a conference that “this is serious stuff.71 billion, or $2.75, logging a weekly gain of 4.8%.” Inflation? It doesn’t worry him, at least not if the rest of the world could get its act together. The Dow DJIA, +2.11 was down 60% from a year ago but topped the FactSet consensus of $1.47% closed 748. “It’s worse off than it is in the United States. 97 points, or 2.5%, higher at 31,082.” As polls show the economy growing in importance for the midterms -- the latest New York Times poll has 44% of voters saying it’s their top concern, up from 36% in July -- Biden’s overall performance on the issue matters even more, to his detriment and that of his party..56, rising 4.9% for the week. There are policymakers whose worldviews line up with basic economic laws, and then those always bound to be confounded by the real world consequences of their ideological fixations. The Nasdaq Composite COMP, +2. DOW slipped 0. 31% advanced 244. Joe Biden is emphatically the latter on every count.87 points, or 2.3%, to 10,859. He came into office promising to spend $11 trillion over the next 10 years, according to the estimate of Brian Riedl of the Manhattan Institute, and has spent as much of it as he could." Net income dropped to $760 million, or $1.72, a weekly gain of 5.2%. The most significant nod he made to inflation was to call one tranche of this spending the Inflation Reduction Act, as if the name of the bill were more important than its substance. The sharp rally in stocks during the final trading day of the week was accompanied by a drop in 2-year Treasury yields as investors digested a Wall Street Journal report about the Federal Reserve shifting toward smaller interest-rate hikes after the central bank’s early November meeting.23 a share, in the year-ago period. . In June 2021, Treasury Secretary Janet Yellen said inflation would be elevated through the rest of the year, “maybe around 3%,” but this represented “transitory factors.