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The mixed performance comes after the indexes posted sharp gains on Wednesday, with the Dow up over 700 points to mark the best trading day since a euphoric post-election rally in November.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
The efficacy of technical analysis is disputed by the efficient-market hypothesis, which states that stock market prices are essentially unpredictable, [5] and research on whether technical analysis offers any benefit has produced mixed results. [6] [7] [8] Technical analysts or chartists are usually less concerned with any of a company's ...
[5] StockTwits utilized "cashtags" with the stock ticker symbol, similar to the Twitter hashtag, as a way of indexing people's thoughts and ideas about a company and the stock. [6] Cashtags were eventually adopted by Twitter itself in 2012. [7] [8] StockTwits received the first Shorty Award in the 2008 finance category. [9] [10]
U.S. stocks closed broadly higher Monday as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks after the price of crude had its biggest drop in more than a year. The main ...
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