U.S. Stocks Give Back Ground After Seeing Initial Strength
WASHINGTON (dpa-AFX) - After moving higher at the start of trading on Wednesday, stocks have given back ground over the course of the morning. The major averages have all pulled back well off their highs of the young session.
Currently, the major averages are on opposite sides of the unchanged line. While the Dow is down 41.38 points or 0.1 percent at 34,091.65, the Nasdaq is up 28.14 points or 0.2 percent at 13,661.64 and the S&P 500 is up 4.94 points or 0.1 percent at 4,169.60.
The initial strength on Wall Street partly reflected a positive reaction to better than expected earnings news from well-known companies such as Tupperware (TUP), Office Depot parent ODP Corp. (ODP), and Activision Blizzard (ATVI).
Dow Climbs To New Record Intraday High
WASHINGTON (dpa-AFX) - Stocks fluctuated early in the session but have moved mostly higher over the course of the trading day on Wednesday. With the upward move on the day, the Dow has reached a new record intraday high.
In recent trading, the Dow and the S&P 500 have reached new highs for the session. The Dow is up 156.42 points or 0.5 percent at 34,289.45, the Nasdaq is up 83.86 points or 0.6 percent at 13,717.36 and the S&P 500 is up 22.00 points or 0.5 percent at 4,186.66.
The strength on Wall Street partly reflects a positive reaction to better than expected quarterly results from some well-known companies.
Dow Reaches New Record Closing High But Nasdaq Closes Lower
WASHINGTON (dpa-AFX) - Stocks fluctuated over the course of the trading day on Wednesday before eventually ending the session mixed. Despite the choppy trading, the Dow ended the session at a new record closing high.
The major averages finished the day on opposite sides of the unchanged line. While the Nasdaq fell 51.08 points or 0.4 percent to 13,582.43, the Dow rose 97.31 points or 0.3 percent to 34,230.34 and the S&P 500 inched up 2.93 points or 0.1 percent to 4,167.59.
The continued upward move by the Dow came after the blue chip index bucked the downtrend seen during trading on Tuesday to close modestly higher.
Nasdaq Turns Negative But Dow, S&P 500 Remain Positive
WASHINGTON (dpa-AFX) - After moving to the upside early in the session, the major U.S. stock indexes have turned mixed over the course of the trading day on Monday. While the Dow and the S&P 500 are holding on to gains, the tech-heavy Nasdaq has pulled back into negative territory.
Currently, the major averages remain on opposite sides of the unchanged line. The Nasdaq is down 39.42 points or 0.3 percent at 13,923.26, but the Dow is up 314.91 points or 0.9 percent at 34,189.76 and the S&P 500 is up 18.35 points or 0.4 percent at 4,199.52.
The early strength on Wall Street partly reflected recent upward momentum, which helped propel the S&P 500 and the Nasdaq to new record highs last week.
U.S. Stocks Give Back Ground But Post Strong Gains For April
WASHINGTON (dpa-AFX) - Stocks moved mostly lower during trading on Friday, giving back ground following the advance seen in the previous session. The tech-heavy Nasdaq staged a recovery attempt in morning trading but quickly rejoined the Dow and S&P 500 in the red.
The major averages all closed firmly in negative territory. The Dow slid 185.51 points or 0.5 percent to 33,874.85, the Nasdaq dropped 119.87 points or 0.9 percent to 13,962.68 and the S&P 500 fell 30.30 points or 0.7 percent to 4,181.17.
For the week, the S&P 500 was nearly unchanged, while the Dow and the Nasdaq dipped by 0.5 percent and 0.4 percent, respectively.