Dow Jones Industrial Average

Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. The ecommerce giant will replace drugstore operator Walgreens Boots Alliance in the Dow before the open of trading on Monday, S&P Dow Jones Indices said Tuesday.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM LucknowIIML Executive Programme in…

A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023.Ed Jones | AFP | Getty ImagesThe state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment.Spending remained high, markets posted big gains and the Federal Reserve's battle against inflation showed signs of cooling — without freezing. Then there's the almost logic-defying resilience of the job market.The U.S. labor market ended the year…

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City. Angela Weiss | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our new, 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.What you need to know todayLabor market remains tightU.S. private sector jobs increased by 164,000 in December, according to payroll…

Shares of Walgreens fell more than 11% on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half. The retail pharmacy giant slashed its dividend to 25 cents per share from 48 cents per share to "strengthen long-term balance sheet and cash position," CEO Tim Wentworth, who officially took the helm during the quarter, said in a statement. Walgreens' dividend yield is now 3.9%, based on Wednesday's closing price. That's…

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023.Brendan Mcdermid | ReutersThis report is from today's CNBC Daily Open, our new, 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.What you need to know todayJust a bit more to goU.S. markets were near flat Thursday, with the S&P 500 on the cusp of a record close. Asia-Pacific markets…

What a difference a week makes. Following last week's stumbles, the Dow Jones Industrial Average , the S & P 500 and the Nasdaq Composite are all tracking to go wire-to-wire this week, with five-straight days of gains. Dovish rhetoric from the Federal Reserve on Wednesday and a Goldilocks (not too hot, not too cold) jobs report from the U.S. Labor Department on Friday pulled bond yields lower, which supported stocks. On Monday and Tuesday, the market had a hangover from last week and was still oversold, according to…

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023. Brendan Mcdermid | ReutersThis report is from today's CNBC Daily Open, our new, 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.What you need to know todayNovember breatherU.S. stocks ended Thursday mixed, with the Dow Jones Industrial Average, the only major index to fall, snapping a…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. Stocks rise on growth Stick with Meta Watch Ford earnings 1. Stocks rise on economic growth U.S. stocks climbed higher Thursday on the back of solid economic data and upbeat second-quarter earnings, shrugging off the Federal Reserve's widely-anticipated move Wednesday to raise interest rates by an additional 25 basis points. The U.S. economy grew by 2.4% in the the second…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. Be ready for a sell-off Stick with Ford Don't invest based on fear 1. Be ready for a sell-off U.S. stocks rose Friday, adding to strong weekly performances for all three major Wall Street benchmarks. The S & P 500 and Nasdaq Composite are on pace for their best weeks since March, climbing more than 3% and roughly 4%, respectively. The blue-chip Dow Jones Industrial…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. Stick to Dow stocks Watch wage inflation Monitor Ford price cuts 1. Stick to Dow stocks The S & P 500 and Nasdaq Composite fell on Monday ahead of a jam-packed week of earnings and an expected interest rate hike from the Federal Reserve. At the same time, the Dow Jones Industrial Average inched up 0.04% in midmorning trading. Monday's mixed session is a reminder that…