Trump Sues Dow Jones, Rupert Murdoch
Digest more
The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.
The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,
Just a day after the S&P 500 and Nasdaq hit record territory, both indexes climbed to fresh highs once again on Friday, though weakness in American Express (AXP) has weighed on the Dow, leaving markets muted.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
Stocks are slightly higher in early trade as earnings, Fed signals, and a cooler tone on trade tensions help steady sentiment. The Dow is leading thanks to strong reports from 3M (MMM) and American Express (AXP), while the Nasdaq is lagging after Netflix (NFLX) fell post-earnings.
Explore more
The DJIA is in positive territory thus far in 2025. The Dow Jones Industrial Average (DJINDICES: ^DJI) is up nearly 5% so far this year, with many of its best performers rising in value by 20% to 30%.
Dow Jones Newswires launches an AI-powered French language service, following the rollout of Korean and Japanese last year.
The major stock indexes are wobbling shortly after the open--but the Dow is the biggest laggard. It's down by 177 points, or 0.4% this morning. The blame lies with some of the highest-weighted companies in the index.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
The Dow Jones Industrial Average is trading down Friday afternoon with shares of 3M and American Express seeing the biggest drops for the blue-chip average. Shares of 3M and American Express are contributing to the blue-chip gauge's intraday decline,
The Dow is on a bad streak. The blue-chip index fell 1.02% last week and is looking at ending this week down as well, albeit with a mere loss of 0.1%. In contrast, the S&P 500 and the Nasdaq Composite are looking to finish the week with gains of 0.