Tag Archive | Dow Jones industrial average

‘Stay the course’ on media, biotech sell-off, trader says

Last week, the sudden and swift decline in both media and biotech stocks had traders pressing the sell button. The Dow Jones Industrial Average had seven straight losing sessions, the longest streak since October. Overall, approximately $45 billion worth of market value was lost last week among major media companies. The biggest losers were marquee […]

The two stocks that could help the Dow reach 20,000

The Dow Jones industrial average narrowly reached an all-time high on Monday morning. But the bigger event could come later this year, when the Dow has a shot at reaching the milestone of 20,000. That round number is just 9.5 percent from Monday’s opening print. And while that may sound achievable, the options market assigns […]