Dow, Close and Record
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US government, Dow Jones & Company
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US stocks were mixed on Wednesday, with the Dow posting a fresh record but Big Tech stocks wobbling as chances grew that the record-long US shutdown will end soon. Meanwhile, hopes are rising for a key House vote that could end the longest government shutdown in US history as soon as today.
Markets are pricing the end of the longest government shutdown in history – and another solid set of quarterly earnings.
Midland Daily News on MSN
Dow hosting one of biggest games in program history vs. defending champs
Not many games in the history of Dow High football have rivaled the importance of the annual city championship game against Midland High. This Friday’s game is one of those rare exceptions. The fifth-ranked Chargers (10-1) will host fourth-ranked and defending state champion Orchard Lake St.
The Dow Jones Industrial Average and S&P 500 Index surged between Election Day and Monday, when Pfizer announced its Covid-19 vaccine trial data. The last two days saw a pullback in stocks as coronavirus cases hit new records and public health experts say ...
The fact of the matter is that stock market corrections, bear markets, and even those pesky elevator-down moves in the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite, are perfectly normal and healthy events. No amount of well-wishing or fiscal/monetary policy maneuvering can prevent these typically emotion-driven moves from occurring.
Initiate on Dow at Strong Buy, highlighting disciplined margin recovery strategy and cadence-based execution, which we view as underappreciated by the market. Our PT of $44 is predicated on an EV/EBITDA multiple of 5.6x our FY26E estimate, implying a 56% ...