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Dow Wipes Out 2020 Losses

Video Credit: Wochit News - Duration: 00:32s - Published
Dow Wipes Out 2020 Losses

Dow Wipes Out 2020 Losses

On Thursday, the Dow Jones industrial average erased its 2020 losses.

Business Insider reports that stocks rallied on the Federal Reserve's new monetary policy framework.

The 30-stock index gained as much as 1.1% in the session.

Microsoft and Walmart led the index higher following news of their joint bid for TikTok.

The Dow has lagged its peers in turning positive for the year, largely due to its smaller exposure to rallying tech giants.


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Dow Jones Industrial Average Dow Jones Industrial Average Stock market index

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Microsoft Microsoft American technology company

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Business Insider Business Insider Financial and business news website published by Insider Inc.

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Credit: Wochit News    Duration: 00:26Published
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Credit: Wochit News    Duration: 00:32Published

Federal Reserve Federal Reserve Central banking system of the United States

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Credit: Wochit News    Duration: 00:31Published
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Credit: Wochit News    Duration: 00:43Published
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Credit: ANI    Duration: 01:09Published

Walmart Walmart American multinational retail chain

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Credit: Wochit News    Duration: 00:32Published

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TikTok TikTok Video-sharing application

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Tweets about this

MOHALFAISAL010

FAISAL .. RT @MasaSonCap: @TesLad_6 There's already an investment he made that just about wipes out all the WeWork losses and there is zero media cov… 4 hours ago

MasaSonCap

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TheSouth4BidenHarris 1995- declares 917mm in losses which wipes out taxes for the next 10 years Most trump core orgs lose millions ye… https://t.co/N22GO7fTP8 1 day ago

mammajjsayers

Mamma.J Sayers🇿🇦 @CoachPdV @lionsofficial @JohnSmit123 @AllBlacks I have too many good memories of your time as Springbok coach that… https://t.co/rSlM1o92FA 2 days ago

ciprianstanciu

PAPA Bear @team3dstocks Thanks man, we all need a good wrist slap once in a while. I've taken my fair share of big losses so… https://t.co/frpC2kRwwf 4 days ago

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Roxanne Brown EXACTLY! MANY of us have done the right thing for MONTHS; then there’s the selfish a$$wipes that took no precautio… https://t.co/L91e2HACt5 5 days ago

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NotWoofers

Woofers Obviously this is just anecdotal but this sounds hellish. If true, Syrian mercenaries are taking more losses in a d… https://t.co/zxC72WhrDA 5 days ago