Dow sinks 462 points as omicron US case rocks stocks

U.S. stocks got whipsawed on Wednesday after the CDC confirmed the first U.S. case of omicron in California. 

The Dow Jones Industrial Average fell over 462 points or 1.3% surrendering gains of over 300 points earlier. While the S&P 500 and the Nasdaq Composite sank 1.3% and 1.8%, respectively. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 34022.04 -461.68 -1.34%
SP500 S&P 500 4513.04 -53.96 -1.18%
I:COMP NASDAQ COMPOSITE INDEX 15254.052094 -283.64 -1.83%

This as the VIX, the so-called fear index which measures volatility, spiked to the highest level since March. 

Ticker Security Last Change Change %
VXZ BARCLAYS BANK PLC TRK ZT 23/01/48 28.25 +0.52 +1.88%

CHECK OUT FOXBUSINESS.COM’S CRYPTO REAL-TIME MARKET DATA

The Federal Reserve’s Beige Book, released at 2 pm ET, showed several regions reported supply chain issues and bottlenecks as possible

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Food items Stocks Are Great Cash flow Turbines

Supermarket aisle groceries retail

Grocery store aisle groceries retail

Prepared by Demetris Afxentiou at The Motley Idiot Canada

How diversified is your portfolio? As significantly as earnings-developing shares are involved, some of the finest shares to think about are the stocks that we interact with on an every day foundation. These every day shares supply an crucial assistance to us, which we frequently acquire for granted. Key examples of these include telecoms and utilities. A lesser-identified, still arguably far more important section to contemplate that falls within that day-to-day inventory group is food stuff stocks.

Where are you purchasing for food items?

The initially business enterprise that will come to intellect when mentioning foods stocks for numerous is a grocery store. The one grocer that potential buyers really should choose a closer glimpse at is Metro (TSX:MRU).

Metro is a person of the major grocers in Canada, operating just below 1,000 grocery stores

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Stocks hit records to wrap winning October

U.S. stocks battled to record highs Friday as investors looked past the impact the supply chain crunch is having on Apple and Amazon. 

The Dow Jones Industrial Average rose 89 points, or 0.25%, while the S&P 500 index and the Nasdaq Composite index inched higher by 0.19% and 0.33%, respectively. All three of the major averages closed at all-time highs.

The gains came after the Bureau of Economic Analysis said core personal consumption expenditures prices rose at their fastest annual pace in 30 years.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 35819.56 +89.08 +0.25%
SP500 S&P 500 4605.38 +8.96 +0.19%
I:COMP NASDAQ COMPOSITE INDEX 15498.388494 +50.27 +0.33%

In stocks, Apple Inc. reported sales that fell short of estimates as supply chain bottlenecks cost the company an

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Stocks mixed to kick off September

U.S. stock indexes were mixed Wednesday as the major averages kicked off September.

The Dow Jones Industrial Average fell 47 points, or 0.13%, while the S&P 500 index and the Nasdaq Composite index advanced 0.03% and 0.33%, respectively. The choppy trade comes after all three of the major averages gained in August with the S&P extending its monthly winning streak to seven. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 35312.53 -48.20 -0.14%
SP500 S&P 500 4524.09 +1.41 +0.03%
I:COMP NASDAQ COMPOSITE INDEX 15309.381196 +50.15 +0.33%

The ADP jobs report showed private payrolls last month added 374,000 workers, missing the 613,000 that analysts were expecting. The report sets the stage for Friday’s jobs report. 

In stocks, mega-cap tech companies Facebook Inc. and Alphabet Inc. closed at all-time highs. Apple Inc. hit an intraday peak but was unable to

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Stocks finish mixed, oil skids

U.S. stock indexes ended little changed Thursday as investors looked past the Federal Reserve’s minutes released the prior day which indicated the central bank could begin its taper later this year. 

The Dow Jones Industrial Average slipped 65 points, or 0.19%, while the S&P 500 and the Nasdaq Composite rose 0.11% and 0.13%, respectively. The Dow had lost as many as 270 points in the opening minutes of trading, extending the decline from the 382-point drop on Wednesday. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 34894.12 -66.57 -0.19%
SP500 S&P 500 4405.8 +5.53 +0.13%
I:COMP NASDAQ COMPOSITE INDEX 14541.78847 +15.87 +0.11%

The Fed minutes released Wednesday showed several officials were in favor of scaling back asset purchases this year in order to be ready to raise interest rates if necessary. Others said the

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