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Intraday Update: Dow Jumps 340 Points as Profit Promise Entices
The Dow Jones Industrial Average has rallied more than 300 points today as the market bounces back from Friday's rout. Some would point to attempts to tamp down trade-war talk over the weekend, but we'd rather give the arrival of earnings season the credit. Once upon a time, we could look to Alcoa (AA) for the official start of earnings season, but ever since the company was booted out of the Dow Jones Industrial Average--and changed its earnings date to fall closer to the middle of the profit releases--it's fallen to the financials to ring the starting bell.
https://finance.yahoo.com/m/e23c6ce...5cc/intraday-update:-dow-jumps.html?.tsrc=rss
The Dow Jones Industrial Average has rallied more than 300 points today as the market bounces back from Friday's rout. Some would point to attempts to tamp down trade-war talk over the weekend, but we'd rather give the arrival of earnings season the credit. Once upon a time, we could look to Alcoa (AA) for the official start of earnings season, but ever since the company was booted out of the Dow Jones Industrial Average--and changed its earnings date to fall closer to the middle of the profit releases--it's fallen to the financials to ring the starting bell.
https://finance.yahoo.com/m/e23c6ce...5cc/intraday-update:-dow-jumps.html?.tsrc=rss
