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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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: 00:31Published
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Credit: Wochit News    Duration: 00:33Published
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Credit: Wochit News    Duration: 00:39Published
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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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Credit: Reuters Studio    Duration: 01:30Published

TikTok TikTok Video-sharing application

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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


Masa Capital @TesLad_6 There's already an investment he made that just about wipes out all the WeWork losses and there is zero m… 5 hours ago


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