Stocks Still Mixed Up as Tech Drops But Dow Nears New High Zacks.com 11 hrs ago
The market remained mixed on Thursday as technology got shellacked but the Dow managed to keep grinding higher. Investors had to deal with more earnings reports, another testimony from the Fed Chair and the latest read on jobless claims.
Popular Searches The Dow continued to push through the sluggishness and rose 0.15% (or nearly 54 points) to 34,987.02, marking its third positive performance in the past four sessions. It’s up for the week heading into Friday’s session and is less than 10 points away from returning to all-time highs.
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Stocks Jump 1% to Save Week and Set New Record Highs Zacks.com 2 hrs ago
This holiday-shortened week ended on Friday in the same way as last week… with the major indices all at record highs! Stocks recovered from yesterday’s malaise with a 1%+ rally that turned the weekly totals positive and provided some momentum for the beginning of earnings season.
Popular Searches What happened to all the concerns about a stalled economic recovery, which was reported as the main reason for Thursday’s slide? It goes to show that one session’s performance doesn’t mean a whole lot for such a skittish market. You know what does carry some weight? The major indices all soaring by double-digits in the first six months of 2021.