Dow Jones Industrial Average Passes 20,000 Points For First Time
... index benchmark on Wall Street, shot 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 ...
Dow Jones Industrials Breach 20,000
... points for the first time, the latest milestone in a record-setting drive for the stock market. The other major U. S. stock indexes were also moving higher in midday trading Wednesday, led by banks and other financial companies. Strong earnings from Boeing and other big companies drove the rally, extending gains from the day before. Boeing jumped 4.6 percent, the biggest gain in the Dow. The Dow, which tracks 30 major industrial companies, was up 136 points, or 0.7 percent, at 20,049. The Standard & Poor's 500 index rose 13 points, or 0.6 percent, to 2,293. The Nasdaq composite rose 40 points, or 0.7 percent, to 5,641. Bond prices fell. The yield on the 10-year Treasury note rose to 2.50 percent. 9:35 a.m. The Dow Jones industrial average is trading over 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market. The market has been marching steadily higher since bottoming out in March 2009 in the aftermath of the financial crisis. The rally continued after the election of Donald Trump as U. S. president last fall. The Dow was up 102 points, or ...
Eastnets Partners Dow Jones On Financial Crime Watchlist Filtering
... third-party data and commercial risk, Dow Jones offers the highest value in compliance resources for East Nets. The global financial regulatory environment is continuously seeing tighter, more intense and more far reaching regulations introduced. This has made it ever more prudent for financial institutions to access watchlists that are comprehensive, diverse and updated. East Nets flagship solution en. Safe Watch Filtering enables users to load and screen against global sanction lists, including politically exposed persons (PEPs), Adverse Media Entities and other Dow Jones lists. As a result of this strategic partnership, East Nets customers can now choose from targeted categories from Dow Jones’ sanctions lists. This ensures that the system scans only against the targeted entities, thus boosting efficiency while minimizing false positives. East Nets is a trusted leader in compliance, payment, and cloud ...
Hong Kong, Mainland China Stocks Open Higher After Dow Jones Index Passes 20,000 Mark
... 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 Wednesday close, Sinopec’s ADR increased from HK$6.26 to HK$6.35 while China Mobile rose from HK$86.80 to HK$87.66. Thursday is the last full-day of trading day before the Lunar New Year holiday. ...
Dow Jones Closes Above 20,000 Points For First Time Ever
... are probably a bit over excited. David Kotok is chief investment officer of Cumberland Advisors. He says, OK, let's take infrastructure 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 ...
Rane Partners With Dow Jones To Create Unique Risk & Compliance Insights
... 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, and unique insights from a ...
Dow Jones Closes At 20k For The First Time
... than 1,600 points since President Donald Trump's election victory in November but has been growing steadily since March 9, 2009, when it hit a 12-year low of 6,547.05. The previous end-of-day record was 19,974 on Dec. 20. It only took 42 trading days to swell from 19,000 to 20,000, the second-fastest time for the thousand-mark increase. The Dow went from 10,000 to 11,000 in 1999 over the course of 24 trading days. The Nasdaq rose to 5,636, up 35, and Standard & Poor's 500 index rose 11 points to 2,291. The Dow Jones Industrial Average was created by former Wall Street Journal Editor Charles Dow in 1885. It tracks the trading prices of 30 different U. S. stocks and is used to measure the market's strength. In order to accurately judge economic health, the Dow Jones includes companies in industry, energy, entertainment and technology. Among the companies it currently includes are Coca-Cola, Disney, Microsoft, United Technologies, Walmart and Goldman Sachs. ...
Dow Closes Above 20,000 Milestone As Stocks Notch Records
... (69.8 points), and United Health Group Inc. UNH, +0.50% and Apple Inc. AAPL, +1.59% tied at 56 points a piece, according to Dow Jones data. Don’t expect, or hope for, 21,000 too soon however, said Ryan Detrick, senior market strategist at LPL Financial, in an interview. That would raise red flags of a top about to blow off. Plus, the February after an election has traditionally been the weakest month for the S&P 500 since 1950, he said. The S&P 500 index SPX, +0.80% gained 18.30 points, or 0.8%, to close at a record 2,298.37, with eight of the main 11 sectors trading higher. Financial and industrials shares were leading gains, while telecoms and real estate lagged behind. The Nasdaq Composite Index COMP, +0.99% finished up 55.38 points, or 1%, at 5,656.34. The tech-heavy index has outperformed other indexes 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 ...
Penngrove Expert On Isis, Dow Jones Prediction And Crab Cakes
... expert on ISIS, Dow Jones prediction and crab cakes. CHRIS SMITH. THE PRESS DEMOCRAT | January 25, 2017, 5:55 PM. | Updated 2 hours ago. Brian Fishman graduated from Petaluma High in 1997 and as a young man seeking a role in public policy moved to D. C. on the 10 th of September, 2001. We know what happened the next day. Not long after the terrorist attacks, Brian joined the staff of North Coast Rep. Lynn Woolsey, managing issues of foreign policy for her. In ’05, the U. S. Military Academy at West Point recruited him to conduct research for its Combating Terrorism Center and teach cadets about terrorist threats. A year later, Brian authored one of the first papers on the birth of the Islamic State of Iraq — a copy of it was found in the Pakistani house where Osama bin Laden was killed. More recently, Brian took the syllabus he’d created ...
Gambling Stocks Rise, Dow Jones Crosses 20,000 For First Time In History
... financial analyst says the president’s inauguration speech focusing on buying American and hiring American will be a boon for the US economy. Not only is a former casino boss now the president , but one of his informal economic advisors, billionaire Carl Icahn, retains a 68 percent stake in Tropicana Entertainment. Gambling Futures. The name of the stock market game is buying low and selling high. As the Dow hovers around 20,000, analysts are trying to determine if the market will continue to grow in the short-term, or if a retraction is imminent. Trump is threatening auto companies with a tax of up to 35 percent for manufacturing in Mexico and then trying to sell the vehicles in America. He also took executive action to revive pipeline projects, and has instructed the GOP-controlled Congress to bring him an Obamacare repeal plan. There’s much left to be seen on what exactly a Trump economy will look like. But for casino companies, a more unwavering environment might be approaching. Atlantic City has finally found some sense of ...
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