Shares of Dow Inc. DOW, dropped 0.86% to $55.23 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, rising 0.04% to 4,783.35 and the Dow Jones Industrial Average DJIA, rising 0.14% to 37,710.10. Dow Inc. closed $5.65 short of its 52-week high ($60.88), which the company achieved on February 7th. The stock underperformed when compared to some of its competitors Thursday, as Linde PLC LIN, fell 0.35% to $409.77 and Air Products & Chemicals Inc. APD, fell 0.53%...

Shares of FedEx Corp. FDX, took a 10.2% dive toward a five-week low in premarket trading Wednesday, after the package delivery giant missed earnings expectations and cut its full-year sales outlook. The stock was headed for the biggest one-day drop since it plunged 21.4% on Sept. 16, 2022, after another disappointing earnings report. The stock’s implied price decline would shave about 174 points off the Dow Jones Transportation Average’s DJT, price, which would by itself account for a 1.1% decline. Including the 2.8% decline in shares of rival United Parcel...

U.S. stocks powered higher on Friday, shrugging off tough talk from Federal Reserve Chairman Jerome Powell about it being too early to talk about rate cuts. The Dow Jones Industrial Average DJIA, gained about 294 points, or 0.8%, ending near 36,245, according to preliminary FactSet data. The S&P 500 index SPX, rose 0.6%, while the Nasdaq Composite Index COMP, gained 0.6%. All three indexes also ended the week higher for five straight weeks. The gains allowed the Dow to clinch its highest close since since January 2022, while the S&P...

U.S. stocks were trading near two-year highs on Friday as traders brushed off tough talk from Federal Reserve Chairman Jerome Powell about it being too soon to talk about rate cuts. Powell, in a speech at Spelman College in Atlanta, said it would be premature to speculate on when policy might ease, while repeating that the Fed remains ready to raise interest rates if needed, as it works to bring inflation down to its 2% yearly target. While the Fed exerts control over short-term rates, now at a 22-year high...

The Dow Jones Industrial Average is climbing Friday afternoon with shares of Salesforce and Walgreens Boots leading the way for the index. Shares of Salesforce CRM, and Walgreens Boots WBA, have contributed to the index's intraday rally, as the Dow DJIA, is trading 311 points (0.9%) higher. Salesforce's shares have climbed $11.16, or 4.4%, while those of Walgreens Boots have climbed $0.59 (3.0%), combining for a roughly 77-point boost for the Dow. Nike NKE, , Caterpillar CAT, , and American Express AXP, are also contributing significantly to the gain. A...

Shares of Salesforce and Walgreens Boots are seeing positive momentum Friday morning, lifting the Dow Jones Industrial Average into positive territory. The Dow DJIA, was most recently trading 200 points, or 0.6%, higher, as shares of Salesforce CRM, and Walgreens Boots WBA, have contributed to the index's intraday rally. Salesforce's shares have risen $7.86, or 3.1%, while those of Walgreens Boots are up $0.41, or 2.1%, combining for a roughly 55-point boost for the Dow. Also contributing significantly to the gain are Nike NKE, , Chevron CVX, , and Home...

Boeing’s stock rose 4% after the company received an order for 95 aircraft. Given a lift by Boeing, the Dow Jones Industrial Average rose 0.2%, or roughly 55 points. The S&P 500 slipped 0.1%, while the tech-heavy Nasdaq Composite fell 0.2%. Boeing climbed 4% after Dubai-based Emirates Airline said it would buy 95 aircraft from the jet maker. Investors were also watching closely to see if China would resume purchases of Boeing’s 737 Max aircraft after President Biden meets with Chinese leader Xi Jinping on Wednesday. More broadly, stocks opened...

Shares of Boeing Co. BA, jumped 3.5% to pace the Dow Jones Industrial Average’s DJIA, premarket gainers, following a number of order announcements out of Dubai and an upbeat report out of China on the its 737 Max jets. The aerospace and defense giant’s stock was on track to open at a two-month high and headed for its best day in four months, since it shot up 8.7% on July 26. The stock’s implied price gain in the premarket would add about 46 points to the Dow’s price, while Dow...