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This Day In Market History: The S&P 500 Index Launches
Friday, March 4, 2022 - 9:04am | 297Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On March 4, 1957, the Standard & Poors launched the S&P 500 index. Where The Market Was: The Dow closed at 471.48 and the S&P 500 traded at 44.06. What Else Was Going...
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Three Dow Components Booted Tuesday, But Don't Read Too Much Into The Decision (AA, BAC, HPQ)
Tuesday, September 10, 2013 - 2:45pm | 646Read More...In a move described as the largest in nearly a decade, The Wall Street Journal reported Tuesday that Alcoa (NYSE: AA), Hewlett-Packard (NYSE: HPQ), and Bank of America (NYSE: BAC) would be dropped from the Dow Industrials at the close of trading September 20. Goldman Sachs (NYSE: GS), Nike (...
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US Markets Pushed Down By Weak JPM Revenues
Friday, January 15, 2010 - 2:55pm | 124Read More...Wall Street dipped lower today, after banking giant JP Morgan Chase (NYSE: JPM) topped the net income forecasts. The reasons for JPM's failure were below consensus revenues and an addition of $1.9 billion to the loan loss reserves. Tepid response to JP Morgan results were somewhat mitigated by the...
