Why did the Dow Jones end lower despite hitting an intraday record?

The Dow hit a record during trading but closed lower due to late-day profit taking and mixed economic data. Investors shifted positions before the market closed, pulling the index down

What does it mean when the Dow makes an intraday record but closes lower?

It means the index reached a new high during the day, but selling pressure later pushed the closing price down. This shows volatility and investor caution.

Does a lower close hurt market sentiment after an intraday record?

Yes, a lower close can weaken short-term sentiment as traders book profits. However, the intraday record still signals overall strength in the market.

US Stocks

Dow Jones Industrial Average Ends Lower at 49,240 Despite Fresh Intraday Record

ByRubaisha February 4, 2026February 4, 2026

The Dow Jones Industrial Average ended the session slightly lower at 49,240, even after touching a fresh intraday record earlier in the day. The mixed close followed a volatile trading session marked by sharp sector rotation, heavy selling in select technology names, and cautious investor sentiment tied to corporate earnings outlooks and global economic signals.

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US Stocks

Apple’s Latest Launch: Will the iPhone 17 and New Air Model Support the Stock’s Surge?
ByRubaisha September 9, 2025September 9, 2025

Apple’s much-anticipated iPhone 17 launch and the unveiling of the new Air model have investors and tech enthusiasts buzzing. The company’s latest devices promise cutting-edge innovations including ultra-slim designs, Siri AI updates, and enhanced performance. But the bigger question remains: Will these launches sustain the surge in Apple Shares that has already captured Wall Street…

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US Stocks

SoftBank Shares Drop as Oracle Earnings as AI Doubts
ByZehra Naz December 11, 2025December 11, 2025

On December 11, 2025, shares of SoftBank Group slid sharply after a disappointing report from Oracle triggered fresh doubts about the runaway growth of artificial-intelligence investments. The drop wasn’t just a blip. It tapped into growing unease that the AI boom, once hailed as the next tech gold rush, may be losing steam. Continue Reading…

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US Stocks

ASX Falls Sharply on Iran Fears as Banks, Tech Sectors Slide and Oil Spikes
ByRubaisha June 23, 2025June 23, 2025

Australia’s stock market took a hit on Monday as the ASX falls sharply, halted only by gains in energy, following alarming U.S. airstrikes on Iran’s nuclear facilities. Let’s unpack what happened and why it matters to investors. Continue Reading on Meyka This article is available in full on our main platform. Get access to complete…

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Crypto Insights | US Stocks

Ripple XRP Weakens: Traders Watch $1.70 After 5% Decline
ByRubaisha January 30, 2026January 30, 2026

Ripple XRP has seen a notable pullback in recent trading sessions, dropping approximately 5% and testing the critical $1.70 support level. The market volatility comes amid broader cryptocurrency fluctuations, regulatory clarity, and institutional activity surrounding XRP ETFs. Investors are closely monitoring short-term price action, technical levels, and market sentiment as Ripple attempts to stabilize. Continue…

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US Stocks

PATH stock $16.03 intraday (09 Jan 2026): 10% drop tests AI thesis
ByDanny Kontos January 9, 2026January 9, 2026

Intraday: PATH stock at $16.03 after a -10.15% move; analysis, Meyka grade and forecast

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US Stocks

Dollar Holds Firm as Inflation Data, Central Banks Dominate Focus
ByAmna Habib September 11, 2025September 11, 2025

The global market is turning its attention once again to two major forces: inflation data and central bank decisions. The U.S. dollar continues to hold firm, showing resilience even as investors look for clues about future policy. With inflation numbers shaping expectations and central banks guiding market sentiment, both traders and long-term investors are watching…

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