Stock Market Today: Dow Drops
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Dow hits a record
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The blue-chip Dow Jones Industrial Average was having a strong day compared with its peers. While the Nasdaq Composite was down about 0.2% and the S&P 500 was flat, the Dow was up 0.6%. Shares of Salesforce,
Major stock indexes declined on another busy earnings day Wednesday, while gold futures fell further after their worst session in a dozen years.
The Dow touched an intraday record high while the Nasdaq slipped as investors focused on a wave of quarterly earnings while remaining vigilant about US-China trade tensions.
With the Dow Jones Industrial Average outpacing the S&P 500 and Nasdaq Composite, the blue-chip index just reached a new intraday high. The Dow's most recent intraday high was 47,049.64, set on Oct. 3,
Upbeat earnings drive General Motors stock to 4-year highs. Blue-chip stock leaps above resistance after earnings. Plus, options traders eye CLOV; meme-stock traders target BYND; and NEUP plummets on failed trial.
US stock markets opened mixed on Tuesday, with the tech-heavy Nasdaq Composite surging on strong corporate earnings while the Dow Jones Industrial Average edged lower, as participants saw both corporate strength and persistent macroeconomic fears that needed to be weighed.