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Dow falls 560 points amid surging yields, Nasdaq sheds 3.5% in worst sell-off since October

Dow falls 560 points amid surging yields, Nasdaq sheds 3.5% in worst sell-off since October

Posted By: Editorial Teamon: February 25, 2021In: BUSINESS, NEWSNo Comments

U.S. stocks fell sharply Thursday as an outsized surge in bond yields spooked investors, who rushed to dump risk assets, especially high-flying technology names. The Dow Jones Industrial Average dropped 650 points from a record high. The S&P 500 lost 2.8%. The tech-heavy Nasdaq Composite slid 3.8% as Alphabet, Facebook, Apple and Microsoft all dipped […] Read more

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Dow jumps 470 points, posts best day since November as the GameStop trading mania unwinds

Dow jumps 470 points, posts best day since November as the GameStop trading mania unwinds

Posted By: Editorial Teamon: February 03, 2021In: BUSINESS, NEWSNo Comments

U.S. stocks jumped on Tuesday, building on a strong rally in the previous session as concerns about a speculative retail trading frenzy continued to ease. The Dow Jones Industrial Average climbed about 475.57 points, or 1.6%, to 30,687.48 for its best daily performance since November. The S&P 500 gained 1.4% to 3,826.31, pushing its two-day […] Read more

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