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Wayne Duggan

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This Day In Market History: Dow Hits Great Depression Low

By Wayne Duggan
July 8, 9:11 AM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1932, the Dow Jones Industrial Average hit its lowest point of the Great Depression. Where The Market Was: The Dow reached 41.22, and the S&P 500 would have traded at around 5.

DJIA

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Hold On To Your Wallet Following Fed Minutes

By Wayne Duggan
July 6, 2:11 PM
On Wednesday, the Federal Open Market Committee released its June meeting minutes, which suggest inflation remains the central bank's top priority.

SPY

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Is The U.S. Economy Already In A Recession?

By Wayne Duggan
July 6, 1:29 PM
One of the biggest concerns weighing on the SPDR S&P 500 ETF Trust (NYSE: SPY) in 2022 is that inflation and rising interest rates will trigger a U.S. economic recession.

SPY

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Rivian Shares Jump 10% After Reaffirming Production Guidance, But Here’s Why Analysts Remain Skeptical

By Wayne Duggan
July 6, 12:10 PM
Rivian Automotive Inc (NASDAQ: RIVN) shares traded higher by 13.2% on Wednesday after the company reported impressive production and delivery growth in the second quarter.

RIVN

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Why This DoorDash Analyst Is Lowering Their Price Target Following Amazon-Grubhub Deal

By Wayne Duggan
July 6, 10:28 AM
DoorDash Inc (NYSE: DASH) shares dropped 8% on Wednesday morning after Amazon.com, Inc. (NASDAQ: AMZN) announced a new partnership with DoorDash competitor Grubhub.

AMZN

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S&P 500 Finishes Off Worst First Half Of Any Year Since 1970

By Wayne Duggan
July 1, 4:51 PM
Stock prices dropped sharply this week as the SPDR S&P 500 ETF Trust (NYSE: SPY) completed its worst first half of any year in more than half a century.

BAC

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‘How Do You Not Like Apple?’: How CNBC’s Todd Gordon Is Investing In A Volatile Market

By Wayne Duggan
July 1, 3:53 PM
Todd Gordon, CNBC contributor and founder of New Age Wealth Advisors, joined Benzinga's PreMarket Prep show on Friday morning. Gordon discussed the S&P 500 market weakness so far in 2022 and how he is positioning his clients' money heading into the second half of the year.

AAPL

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Supreme Court Ruling Dials Back EPA Powers: What It Means For Energy Stocks

By Wayne Duggan
July 1, 12:32 PM
The U.S. Supreme Court continued its busy summer this week, issuing a landmark ruling limiting the mpower of the Environmental Protection Agency. The ruling could have significant financial implications for a number of energy sector stocks.

AMR

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This Day In Market History: Amazon Goes Public At $18 Per Share

By Wayne Duggan
May 15, 6:30 AM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 26 years ago, Amazon.com, Inc. (NASDAQ: AMZN) went public.

AMZN

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This Day In Market History: The First Coca-Cola Is Sold

By Wayne Duggan
May 8, 7:35 AM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1886, the first Coca-Cola was sold. Where The Market Was The Dow Jones Industrial Average and the S&P 500 index were nowhere to be found in 1886.

KO

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