Goldman Sachs Helps Lead Dow To New Record Intraday High finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Nasdaq Pulls Back Sharply But Dow Holds On To Modest Gain
WASHINGTON (dpa-AFX) - Stocks came under pressure over the course of the trading day on Wednesday after moving to the upside early in the session. Reflecting weakness among technology stocks, the tech-heavy Nasdaq led the way lower.
After jumping by 1.1 percent in the previous session to its highest closing level in nearly two months, the Nasdaq slumped 138.26 points or 1 percent to 13,857.84.
The S&P 500 also slid 16.93 points or 0.4 percent to 4,124.66 after reaching a new record intraday high in early trading.
On the other hand, the Dow pulled back well off its best levels of the day but still closed up 53.62 points or 0.2 percent at 33,730.89. The blue chip index also set a new record intraday high before giving back ground.
U.S. Stocks Turning In Another Mixed Performance In Morning Trading
WASHINGTON (dpa-AFX) - After ending the previous session on opposite sides of the unchanged line, the major U.S. stock indexes are turning in another mixed performance in morning trading on Thursday.
The tech-heavy Nasdaq has climbed firmly into positive territory, while the S&P 500 has edged up to a new record intraday high.
Currently, the Nasdaq is up 86.92 points or 0.6 percent at 13,775.76 and the S&P 500 is up 8.17 points or 0.2 percent at 4,088.12.
The narrower Dow is bucking the uptrend, however, with the blue chip index slipping 50.13 points or 0.2 percent at 33,396.13.
Tech Stocks Rally, S&P 500 Reaches New Record Closing High
WASHINGTON (dpa-AFX) - After ending the previous session little changed, stocks moved mostly higher over the course of the trading day on Thursday. The tech-heavy Nasdaq showed a particularly strong upward move, while the S&P 500 reached a new record closing high.
The major averages all closed in positive territory, although the Nasdaq outperformed its counterparts. While the Nasdaq jumped 140.47 points or 1 percent to 13,829.31, the S&P 500 rose 17.22 points or 0.4 percent to 4,097.17 and the Dow inched up 57.31 points or 0.2 percent to 33,503.57.
The advance by the Nasdaq partly reflected strength among big-name tech stocks, with Tesla (TSLA), Apple (AAPL) and Microsoft (MSFT) posting notable gains.
U.S. Stocks Move Modestly Higher After Seeing Initial Weakness
WASHINGTON (dpa-AFX) - After moving to the downside at the start of trading on Tuesday, stocks have rebounded over the course of the morning. The major averages have bounced well off their early lows and into positive territory, with the S&P 500 reaching a new record intraday high.
Currently, the major averages are posting modest gains. The Dow is up 13.36 points or less than a tenth of a percent at 33,540.55, the Nasdaq is up 23.86 points or 0.2 percent at 13,729.46 and the S&P 500 is up 6.50 points or 0.2 percent at 4,084.41.
Profit taking contributed to the initial weakness on Wall Street, as some traders looked to cash in on the recent strength in the markets.