The Dow Jones industrial average fell for a fifth straight day on Thursday after encouraging news on the economy prompted investors to speculate that the Federal Reserve is getting closer to reducing its stimulus program.
Upbeat news from the housing industry and luxury retailer Tiffany & Co. nudged the stock market higher Tuesday. Investors also got another market milestone when the Nasdaq composite closed above the 4,000-point mark for the first time in 13 years.
U.S. Stocks ended mostly lower after the market reached two major milestones earlier in the day. The Dow Jones industrial average closed with small gain Monday after striking a record high as the Nasdaq Composite Index and the Standard & Poor's 500 ...
December E-mini Dow Jones Industrial Average futures are trending lower overnight. Worries about the timing of the Fed tapering plan and concerns about the government budget are weighing on the price action.
For the first four days, the stronger reports had the Dow Jones Industrial Average (INDEXDJX:.DJI) down 1.7%. But the additional positive reports Friday had the market up strongly, the Dow (NYSEARCA:DIA) up 1.2%.