The Dow Jones Industrial Average, which missed the rally this year, has finally started to catch up as investors are flocking to the undervalued segments of the market amid growing expectations of a Fed rate cut this year. The blue-chip index hit a new all-time high, notching its best one-day gain since June 2023, after reclaiming the 40,000 milestone for the first time since May. In fact, the Dow Jones has gained more than 4% over the past week (read: Dow Reclaims 40,000 Mark, Surpasses Major Indices: ETFs ...

Jordan FinnesethJordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market. Since that time, Jordan has worked as a content creator for multiple projects and as a crypto news journalist reporting on the latest developments within the cryptocurrency market. Jordan holds a Master of Science in Clinical/Counseling Psycho ...

The Dow Jones Industrial Average surged to a new record high Tuesday morning, while the Nasdaq Composite lost ground as tech stocks tumbled. The Dow, which closed at its first record high in two months on Monday, was up 1.3%, a more than 500-point gain, in recent trading. The S&P 500, which is just shy of a record of its own, was up 0.3%, while the Nasdaq Composite was off 0.2%. The Dow's upswing was being led by UnitedHealth (UNH), which was up more than 5% after the insurer reported better-than-expected ...

On Monday, U.S. stocks soared as news of an unsuccessful assassination attempt on presidential candidate Donald Trump bolstered investor confidence in his electoral prospects. SPDR Dow Jones Industrial Average ETF Trust (DIA) inched up 0.5%, closing above the historic 40,000 mark. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ) each saw gains of 0.3%, approaching record highs.Strong Bank Earnings Drive Market OptimismThe market rally was buoyed by robust second-quarter earnings reports from maj ...

It has been a great 2024 for Wall Street, with all three major indexes hitting multiple record highs. Easing inflation and price pressures have raised optimism surrounding rate cuts, which have fueled the rally.Dow Hits New Record HighOn Jul 15, the Dow edged up 0.5% to close at a record high of 40,211.72 points, to register its 20th record close this year. This is also the blue-chip 30 stock index’s first record close since May 17.Year to date, the index has gained 6.7% and has now ended in positive territ ...

Visa's valuation is more than fair considering the quality of the business.Credit card companies like Visa (V 1.02%), Mastercard (MA 0.88%), and American Express (AXP 2.25%) continue to benefit from a transition away from cash toward digital payments. Visa is now the third most-valuable company in the financial sector, with a market value of about $550 billion, behind only Berkshire Hathaway and JPMorgan Chase.Visa has fallen almost 6% during the past two months and is little changed on the year, drasticall ...

Finding Dow stocks to buy is often seen as a conservative yet effective strategy for those looking to secure stable returns with minimal risk. The Dow Jones Industrial Average comprises companies from a wide array of industries. The index is a barometer of the overall health of the United States economy and a beacon for investors around the globe.As we move into July, amidst a dynamic economic landscape marked by shifting monetary policies and global market fluctuations, certain Dow components stand out as ...

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .Dow record highThe Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt. The S&P 500 hit an intraday high and Nasdaq Composite rose 0.4%. The prospect of Trump's reelection is seen as a positive for small caps ...

Stocks gained ground to start the new week, buoyed by hopes the Federal Reserve will start cutting interest rates at its September meeting. The main indexes also got a boost after Fed Chief Jerome Powell struck a dovish tone toward inflation.  Last week's encouraging inflation updates – most notably, the June Consumer Price Index (CPI), which fell for the first time on a monthly basis in nearly two years – helped lift expectations that the Fed will cut rates sooner rather than later.Indeed, according to CME ...

The Dow Jones Industrial Average has finally started to catch up with the rally of 2024 on growing expectations of Fed rates cut this year. It reclaimed the 40,000 milestone for the first time since May, outperforming the other two major indices last week. The blue-chip index gained 1.6% compared with 0.9% and 0.2% increase of the S&P 500 and Nasdaq Composite Index, respectively.Investors seeking to participate in the Dow Jones rally can consider SPDR Dow Jones Industrial Average ETF (DIA) , iShares Dow Jon ...