Dow will be a main off-taker of Mura’s circular feed. This feed, produced from plastic trash slated for disposal or incineration. Dow and Mura can create 600 KT of advanced recycling capacity by 2030. Dow and Mura Technology, the global pioneer of an advanced plastic recycling solution. Today announced the next step in their partnership … Read more
The Dow closes down 880 points for the day, or 2.5%. The S&P 500 shed 2.7% and the Nasdaq dropped about 3%. The May consumer price index rose 8.6% year-over-year, its highest level since 1981. The Dow (INDU) plunged after a key expansion report missed gauges and showed a higher-than-expected expansion in the cost of … Read more
The Dow Jones Industrial Average was down 0.4 percent at 33,040.72. The S&P 500 fell 0.3 percent to 4,147.55. The tech-heavy Nasdaq Composite Index remained unchanged at 12,175.40. Early Wednesday, Wall Street equities mainly declined, continuing the week’s bumpy pattern as markets assess a weaker global growth picture due to inflation fears. As a result … Read more
Asian stock dropped on Tuesday as investors worried about the impact of China’s Covid-19 restrictions on the world’s second-largest economy, as investment banks lowered their growth forecasts. A strong rally on Wall Street, where the Dow closed 2.0 percent higher, did not carry over to Asia, and Beijing’s announcement of a new round of stimulus … Read more
Wall Street stocks have been back in the crimson Wednesday, with negative results from store Target underscoring worries about corporate income as corporations navigate inflationary surroundings. After Tuesday’s rally, all three fundamental indices were decisively bad near midday, with the Dow Jones Industrial Average down 2.3 percent at 31,920.99. The broad-based S&P 500 fell 2.6 … Read more
