Nasdaq, S&P 500 Reach New Record Highs Amid Modest Strength On Wall Street
WASHINGTON (dpa-AFX) - Stocks have moved modestly higher in morning trading on Friday, adding to the gains posted over the past several sessions. With the continued advance, the Nasdaq and the S&P 500 have reached new record intraday highs.
Currently, the major averages are off their highs of the session but still in positive territory. The Dow is up 93.44 points or 0.3 percent at 31,149.30, the Nasdaq is up 18.66 points or 0.1 percent at 13,796.40 and the S&P 500 is up 10.21 points or 0.3 percent at 3,881.95.
The continued strength on Wall Street comes after the Labor Department report released a closely watched report showing a modest rebound in employment in the month of January.
U.S. Stocks Rallying To New Record Intraday Highs
WASHINGTON (dpa-AFX) - Stocks have moved sharply higher in morning trading on Thursday, driving the major averages to new record intraday highs. The rally on the day comes on the heels of the mixed performance seen in the previous session.
The major averages have seen further upside in recent trading, reaching new highs for the session. The Dow is up 344.48 points or 1.1 percent at 31,173.88, the Nasdaq is up 278.27 points or 2.2 percent at 13,019.07 and the S&P 500 is up 57.89 points or 1.5 percent at 3,806.03.
The strength on Wall Street comes as U.S. lawmakers certified President-elect Joe Biden s victory after the process was delayed by several hours as supporters of President Donald Trump stormed the U.S. Capitol building.
U.S. Stocks Move Moderately Higher Amid Light Trading
WASHINGTON (dpa-AFX) - Stocks have moved moderately higher in morning trading on Wednesday, offsetting the downturn seen over the course of the previous session. The major averages have all moved to the upside but remain below yesterday s record intraday highs.
Currently, the major averages are hovering in positive territory. The Dow is up 130.25 points or 0.4 percent at 30,465.92, the Nasdaq is up 43.08 points or 0.3 percent at 12,893.31 and the S&P 500 is up 13.18 points or 0.4 percent at 3,740.22.
The strength on Wall Street comes as traders make another attempt at window dressing going into the end of the year after profit taking set in following an early advance on Tuesday.
U.S. Stocks Pull Back As Stimulus Negotiations Drag On
WASHINGTON (dpa-AFX) - Stocks staged a recovery attempt late in the trading session on Friday but still ended the day lower following the advance seen in the previous session. The major averages finished the day in the red after reaching record intraday highs at the start of trading.
The major averages all closed lower, although the tech-heavy Nasdaq posted only a modest loss, edging down 9.11 points or 0.8 percent to 12,755.64. The Dow slid 124.32 points or 0.4 percent to 30,179.05 and the S&P 500 fell 13.07 points or 0.4 percent to 3,709.41.
Despite the drop on the day, the major averages all moved higher for the week. The Nasdaq soared by 3.1 percent, the S&P 500 jumped by 1.3 percent and the Dow rose by 0.4 percent.
Major Averages Firmly In Positive Territory In Mid-Day Trading
WASHINGTON (dpa-AFX) - Stocks have fluctuated over the course of the trading day on Tuesday but have maintained a positive bias throughout the session. The major averages are all firmly in positive territory in mid-day trading after closing mixed for three consecutive sessions.
In recent trading, the Dow and the S&P 500 have climbed back toward their best levels of the day. The Dow is up 201.89 points or 0.7 percent at 30,063.44, the Nasdaq is up 71.54 points or 0.6 percent at 12,511.58 and the S&P 500 is up 25.80 points or 0.7 percent at 3,673.29.
Unrelenting optimism about a new fiscal stimulus bill has contributed to the strength on Wall Street even as lawmakers have struggled for months to reach a compromise on a new relief package.