RE:LastHey MY PINNOCHIO TROLL__Seems that You ARE OVERLOOKING the BIG PICTURE eh !!!
In This CONTEXT Bell and TELUS Of COURSE Would Have Gone DOWN With the TIDE !!!
Dow snaps 10-day losing streak as late weakness erases gains for S&P 500, Nasdaq
The Dow Jones Industrial Average eked out a small gain Thursday, rising around 15.37 points, or less than 0.1%, to close at 42,342.24 as an attempt by Wall Street to bounce back from the previous session's Fed-inspired rout lost steam ahead of the closing bell.
The positive finish, however, allowed the blue-chip gauge to snap a 10-day string of losses -- its longest since 1974. It came after the Dow dropped more than 1,100 points the previous session and the S&P 500 lost around 3% as investors reacted to a signal from the Federal Reserve that it will deliver fewer rate cuts in 2025 than policymakers had previously anticipated.
Stocks opened with strong gains Thursday, but set the highs early. The S&P 500 was unable to hold on to positive territory, ending with a loss of 5.08 points, or 0.1%, at 5,867.08 -- its third consecutive loss.
The Nasdaq Composite shed 19.92 points, or 0.1%, to finish at 19,372.77.
The December pullback has left the Dow down 5.7% for the month and 5.9% below its record finish set on Dec. 4. The S&P 500 is down 2.7% in December, down 3.7% from its record close set on Dec. 6. The Nasdaq remains 0.8% higher on the month.
The S&P 500 remains up 23% for the year to date, with the Dow up 12.3% and the Nasdaq gaining 29.1%.
Toppicks1 wrote: 20 trading days I think it has made 16 new 52 week lows... who in their right mind buys this..... has further to go....