Dow Jones – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Tue, 07 May 2024 13:02:56 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 North American markets tumble as Russian forces move on Ukraine https://www.benefitscanada.com/canadian-investment-review/research-markets/north-american-markets-tumble-as-russian-forces-move-on-ukraine/ Thu, 24 Feb 2022 18:00:04 +0000 https://www.benefitscanada.com/?p=117245 North American stock markets plunged after opening to news that Russian forces have launched a new military offensive in Ukraine. In New York, the Dow Jones industrial average was down 624.50 points at 32,507.26. The S&P 500 index was down 49.24 points at 4,176.26 and the Nasdaq composite index was down 70.20 points at 12,967.28. […]

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]]> Wall Street stocks rise after three days of losses https://www.benefitscanada.com/news/cir-news-news/wall-street-stocks-rise-after-three-days-of-losses/ Wed, 22 Dec 2021 14:00:11 +0000 https://www.benefitscanada.com/?p=114200 Wall Street stocks are rising after three days of losses brought on by worries over the spread of the omicron variant and lingering concerns about rising inflation. On Tuesday, the S&P 500 index rose 1.5 per cent as of 1:10 p.m. Eastern. The Nasdaq rose 1.7 per cent. Both indexes were boosted by solid gains […]

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]]> Virus spread prompts Fed to slash rates in surprise move https://www.benefitscanada.com/canadian-investment-review/research-markets/virus-spread-prompts-fed-to-slash-rates-in-surprise-move/ https://www.benefitscanada.com/canadian-investment-review/research-markets/virus-spread-prompts-fed-to-slash-rates-in-surprise-move/#respond Tue, 03 Mar 2020 07:40:07 +0000 https://cumulus.benefitscanada.com/uncategorized/virus-spread-prompts-fed-to-slash-rates-in-surprise-move/ In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizeable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some […]

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