Dow, NASDAQ and Stock market
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The day started on a positive note, but soon turned red, with only the Nasdaq of the three major indices showing a slight upward trend on Tuesday. The S&P 500 regained some of its losses in the day, but still closed 0.
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On November 19, Citi reduced the firm’s price target on Dow Inc. (NYSE:DOW) to $23 from $25 and maintained a Neutral rating on the shares.
Salesforce can still be a winning long-term investment, even if it isn't the high-octane growth stock it used to be.
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Stock market today: Dow leads as Nasdaq reverses higher; this food stock rallies on surprise (live coverage)
The Dow led the major indexes and boosted its gain to 0.3%, despite a drop of 0.5% in Nvidia shares. The S&P 500 moved up 0.2%. Meanwhile, the Nasdaq composite reversed and moved 0.2% higher after morning losses. Small caps picked up momentum, with the Russell 2000 now gaining 0.7% as it hit an all-time high.
Paramount has gone straight to Warner Bros. Discovery’s shareholders with an all-cash offer in an extraordinary endeavor to gain control of Hollywood’s most sought-after prize — a bid that Netflix beat on Friday.
Wall Street leaned toward tiny gains ahead of a two-day meeting of the Federal Reserve, where officials will make a decision on where to take the central bank’s benchmark interest
Wall Street concluded the session in the red on Monday as traders and investors now look ahead to Wednesday’s upcoming Federal Reserve meeting. The tech focused Nasdaq Composite (COMP:IND) closed lower by 0.