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Shares of Dow Inc. jumped 12.95% to $24.51 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.58% to 6,738.44 and the Dow Jones Industrial Average rising 0.
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Dow, S&P, Nasdaq all in red. Stocks fell Wednesday as weak earnings from Texas Instruments (-4%) and Netflix (-9%) weighed on the major averages. Dow dropped 147 points (0.3%), S&P 500 fell 0.4%, Nasdaq slid 0.
Equities fell on Wednesday as the first of the Magnificent Seven stocks — Tesla — prepares to deliver earnings results after the market's close.
Oil prices got a lift after the Treasury Department announced new sanctions on Russia's two largest oil companies.
A selloff in speculative parts of the stock market turned into a broad market slide on Wednesday. The Nasdaq Composite dropped 0.9%. The S&P 500 fell 0.6%. The Dow Jones Industrial Average dropped 334 points, or 0.7%. All three indexes pared some losses from their lows of the day.
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3M stock moved up nearly 3% early, while Coca-Cola shares also jumped close to 3%. GE shares climbed 2%, as Halliburton stock rose 4%. Lockheed shares gained 1%, but Northrop stock dropped nearly 2%. Finally, Pulte shares sold off 2.5% in premarket trading.
Wall Street just can’t stay away from riskier stocks. After sliding on Wednesday, the Nasdaq Composite was back up 0.8%. The S&P 500 was up 0.5%. The Dow was up 83 points, or 0.2%.
Shares of Las Vegas Sands Corp. climbed 12.39% to $56.89 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.58% to 6,738.44 and the Dow Jones Industrial Average rising 0.