Stock Market Today: Dow Leaps 800 Points
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The Dow Jones Industrial Average (DJI) has hit an intraday all-time high at more than 45,690 points. The record was previously reached on Tuesday with an intraday high of 45,207.39 points, before the index retreated to close flat.
Dow is a longtime dividend player, and it's refusing to give up on its payout entirely. Read on to find out the share count required to clock $1,000 worth of those lowered dividends yearly. To cut directly to the chase, the answer is 715 shares. At the stock's currently reduced price, that would mean a total spend of just under $16,824.
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Investor's Business Daily on MSNDow Jones Futures Await Fed Chief Powell's Speech; AppLovin, Palantir Extend Bounce
The market indexes and leading stocks are at a key juncture heading into Fed chief Jerome Powell's Jackson Hole speech Friday morning. Be prepared.