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US stock futures were steady late Thursday as investors braced for a heavy slate of economic data after the end of a three-day winning streak for the Dow and S&P 500. Meanwhile, markets will turn their attention Friday morning to a fresh reading of the the Personal Consumption Expenditures index.
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Stock market today: Dow drops amid US.-Iran tensions; Warren Buffett Berkshire holding soars (live coverage)
Stock Market Today: The Dow Jones index drops Thursday as the U.S.-Iran nuclear standoff persists. Carvana stock plunges on earnings.
The S&P 500 slipped 0.3% Thursday, its first loss in four days. The Dow Jones Industrial Average dropped 0.5%, and the Nasdaq composite lost 0.3%.
Dow Jones stock market hits new record and crosses 50,000 points for the first time - It took approximately a year and a half for the Dow to increase from 40,000 to 50,000
To be blunt, stock market corrections, bear markets, and crash events are normal, healthy, and inevitable. No policy maneuvering from the Federal Reserve or government, nor well-wishing from investors, can stop these often emotion-propelled moves lower in Wall Street's major stock indexes.
The Dow Jones Industrial Average finished at a record 50,115.67 on Friday, rising more than 1,200 points for the day.
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Since Donald Trump was inaugurated for his second, non-consecutive term on Jan. 20, 2025, it's been more of the same. Through the closing bell on Feb. 11, the Dow, S&P 500, and Nasdaq Composite have respectively risen by 15%, 16%, and 18%.
Stocks are trading mixed as investors return from a three-day break.