"Dow Jones Rallies, Shaking Off 2024's Rocky Start as Nasdaq Turns Positive"

The Dow Jones Industrial Average led gains in the stock market, rising 0.6%, while the Nasdaq struggled to stay positive. Notable movements included Mobileye's stock plummeting over 25% after disappointing revenue guidance, Walgreens Boots Alliance's shares dropping despite beating earnings expectations due to a dividend cut, and Apple's stock decline following analyst downgrades. In contrast, Omega Therapeutics soared on a partnership announcement with Novo Nordisk, and Lamb Weston rose after reporting strong earnings and raising its guidance. Economic data showed private payrolls and jobless claims beating expectations, suggesting resilience in the labor market.
- Stock Market Dow Jones Leads The Day; Mobileye Tumbles Investor's Business Daily
- Dow rises more than 100 points Thursday as Wall Street tries to shake off early 2024 malaise: Live updates CNBC
- Stock market news today: Dow rises as stocks try to shake off dismal 2024 start Yahoo Finance
- Wall St climbs on financials boost; investors parse jobs data Reuters.com
- Dow Jones Today: Nasdaq in Green for First Time This Year as Stocks Rebound Investopedia
Reading Insights
0
2
3 min
vs 4 min read
88%
746 → 93 words
Want the full story? Read the original article
Read on Investor's Business Daily