U.S. shares rallied on Friday, closing out the week on an upbeat notice, led by powerful gains in the tech sector. The S&P 500 (^GSPC) finished Friday up 1.9{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}, though it nonetheless closed the week down .7{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}. The Dow Jones Industrial Average (^DJI) elevated 1.{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} on Friday. The engineering-weighty Nasdaq […]
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The S&P 500 and Nasdaq gained on Wednesday as technology stocks recovered some recent losses, with investors digesting a deluge of economic data before a holiday market closure. Investors considered new Labor Department data showing weekly initial jobless claims fell far more than expected to their lowest level since November […]
Stocks were mixed on Thursday as investors weighed a batch of solid corporate earnings results against lingering inflation concerns. The S&P 500 and Nasdaq ended a choppy session higher. The Dow lagged, led by a drop in shares of Cisco (CSCO). The company posted quarterly results that were dented by […]
Stocks advanced on Tuesday as technology stocks recouped some losses from Monday, when a rotation away from growth names picked up steam as concerns over inflation lingered. The Nasdaq Composite gained 1.3{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} in its best day since August, after the index dropped over 2{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} a day earlier. The S&P 500 […]