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Rather, the hedge funds also made short-cover trade actions to close out their suddenly loss-creating open short-selling positions. They recognized it was necessary to buy shares again to reduce their losses as GME’s price rose unexpectedly — awareness that was important. For informedness-based...
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The technical condition of the market was mixed but improved towards the end of the period. The S&P 500 posted its first new record high of the year, while the DJIA flirted with an all-time high but came up short. The NASDAQ, NASDAQ 100 and NYSE closed the month trading just below th...
Latest on CG: Daily Chart Update August 11th - DJIA And S&P At New Record Highs. Ratings Summary ? SourceNow6M ago SA Analysts Locked. Go Premium to see thisview ratings Buy Wall Street Locked. Go Premium to see thisview ratings Hold Quant Locked. Go Premium to see thisview ratings Hold...
The Dow component leading the way higher looks to be Microsoft (Nasdaq:MSFT), which is sporting a 94-cent gain (+2%) bringing the stock to $48.97.
The Dow component leading the way higher looks to be AT&T (NYSE:T), which is sporting a 14-cent gain (+0.4%) bringing the stock to $35.
Holding back the Dow today is Goldman Sachs Group (NYSE:GS), which is lagging the broader Dow index with a $2.31 decline (-1.1%) bringing the stock to $197.90.
As you might have guessed, calculating the DJIA today isn't as simple as adding up the stocks and dividing by 30. Dow lived at a time whenstock splits and stock dividendsweren't commonplace, so he didn't foresee how these corporate actions would affect the average. For example, if a c...
The DJIA is the second-oldest U.S. market index after the Dow Jones Transportation Average. The DJIA was designed to serve as a proxy for the health of the broader U.S. economy. Often referred to simply as the Dow, it is one of the most-watched stock market indexes in the world. W...