The stock market closed higher Thursday, with the Dow Jones Industrial Average leading the way. The Nasdaq and S&P 500 extended win streaks, and there were plenty of new breakouts among leading growth stocks. The Dow Jones index rose 0.9%, bringing its win streak to four days, while the S&P 500 moved up 0.5% to…
The stock market finished lower Thursday, with the S&P 500 and Nasdaq composite closing at key levels. But despite the session’s weakness, there were plenty of new breakouts among leading growth stocks. The Dow Jones Industrial Average dropped almost 0.2%, snapping a three-day win streak, while the S&P 500 eased 0.2%. The tech-heavy Nasdaq composite…
Major indexes caught their breath in the stock market today, accepting small losses after galloping strongly the prior session, sparked by an encouraging report on U.S. consumer prices. Meanwhile, Taiwan Semiconductor (TSM) and Broadcom (AVGO) led the upside after the former announced solid quarterly revenue. Taiwan Semi — one of the largest tech firms in…
The stock market closed at session lows Thursday, as the major stock indexes struggled in the wake of Wednesday’s Federal Reserve-fueled plunge. The Dow Jones Industrial Average cut gains to less than 0.1%, narrowly breaking a 10-day losing streak. The S&P 500 reversed lower 0.1%. The tech-heavy Nasdaq composite also gave up solid gains to…
The Nasdaq composite on Monday sent a strong message to stock market watchers: Look at me now, I’m the leader. Now the question is: Will the other key equity indexes follow? With just 10 trading sessions remaining in the year, keeping a close eye on potential divergence in action between the Nasdaq and other key…
Small-cap stocks underperformed Thursday as the Dow Jones Industrial Average extended a losing streak to six sessions — its longest since April. The Dow Jones industrials and S&P 500 both dropped 0.5%, while the tech-heavy Nasdaq composite lost 0.7%. The Russell 2000 index sold off 1.4%. Volume rose on the Nasdaq, and was lower on…
Profit taking was the early priority in the stock market today, as sellers came into Magnificent Seven stocks after the Nasdaq topped 20,000 for the first time in history the prior day. Adobe (ADBE) got hammered on quarterly results. But other techs and telecom gear firms excelled. While Adobe slumped more than 10%, highly rated…
Put that “Nasdaq 20,000” hat in the drawer for now. The stock market decided on Monday that taking profits was on order for the day. The Nasdaq headed into Monday’s action with three straight weekly gains on its belt. On Monday morning, it eked out an all-time high of 19,872 before reversing. Thus, a 0.6%…
Small caps led the stock market lower Thursday, ending at session lows and pausing as Wall Street braced for Friday’s November jobs report. The Dow Jones Industrial Average dropped nearly 0.6%, while the S&P 500 dipped nearly 0.2%, as did the tech-heavy Nasdaq composite. But small caps sharply underperformed as the Russell 2000 index lost…
Stock market bears proved to remain in short supply Monday, with some key indexes refreshing their new-high marks to kick off the final month of trading in 2024. The Nasdaq composite clearly led with a 1% lift to 19,403, ending not far from its session high of 19,436 and at an all-time closing high. At…