record levels – Charm

The Nasdaq and S&P hit record highs driven by tech gains

Cs news11 months ago11 months ago02 mins

Driven by a continued boost in technology sector shares, the S&P 500 and Nasdaq composite ended Tuesday at record levels. The Nasdaq added 0.44%, and the S&P 500 was also up 0.40%, like other stocks in a bullish run this year. The Dow Jones Industrial Average was down by 0.17% as the market appears to…

ExxonMobil profits dip as it gives back almost $10 bn to investors

Cs news12 months ago03 mins

ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions. The big US oil company, which saw upstream oil production rise following its acquisition of Pioneer Natural Resources, pointed to the benefits of $11.3 billion in…