The Dow Jones has started strongly in New York this morning, adding 163.04 points, or 1.97%, to 8,440...
The Dow Jones has started strongly in New York this morning, adding 163.04 points, or 1.97%, to 8,440.36 in early trading. With the markets suspended for the Memorial Day public holiday yesterday, the Dow opened with positive performances from banks JPMorgan Chase and Citigroup, up 0.72% to $35.13 and 0.04% to $3.71 respectively. General Motors nosedived almost 20% to $1.15, as it nears the 1 June deadline to offer the US Government a plan to repay its £27bn debts or face bankruptcy. The FTSE 100 climbed to a day high of 4,405 points by around 3.15pm today, 1.5% up on opening at 4,353. ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
