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Bond yields soared after the Fed's summary of economic projections and Powell's remarks indicated just two rate cuts in 2025. The 10-year Treasury yield spiked 10 basis points to 4.49%.
Mixed initial jobless claims data sent the 10-year Treasury yield to a seven-month high on Thursday. ... The rate fell back modestly on Friday. ... Dow Jones Industrial Average: 43,180.76 (-0.33% ...
Rising interest rates over the past month have weighed on stock prices. ... with the stock and bond markets closed on Wednesday for New Year's Day. ... 5,929.75, down 0.69%. Dow Jones Industrial ...
First calculated on May 26, 1896, [2] the index is the second-oldest among U.S. market indices, after the Dow Jones Transportation Average. It was created by Charles Dow , co-founder of both The Wall Street Journal and Dow Jones & Company , and named after him and his business associate, statistician Edward Jones .
Stock market indices may be categorized by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight each cover the same group of stocks, but the S&P 500 is weighted by market capitalization, while the S&P 500 Equal Weight places equal weight on each constituent.
The Dow Jones Industrial Average was first published in 1896, but since the firms listed at that time were in existence before then, the index can be calculated going back to May 2, 1881. [6]