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How Did the Stock Market Do Today?
Dow Jones: 17,574.75; +82.45; +0.47%
S&P 500: 2,052.23; +4.61; +0.23%
Nasdaq: 5,045.17; +22.31; +0.44%
The Dow Jones Industrial Average today (Thursday) gained 82 points and broke a three-day losing streak. However, the markets pared gains in the afternoon on concerns of falling oil prices, which are hovering near seven-year lows. Investors are also preparing for next week's Fed Open Market Committee meeting, where members of the U.S. central bank will decide whether to raise interest rates for the first time in nearly a decade.
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.