WASHINGTON (dpa-AFX) - After closing mixed for two consecutive sessions, stocks have moved modestly higher in early trading on Thursday. The major averages have all moved to the upside, although
WASHINGTON (dpa-AFX) - After moving to the upside early in the session, stocks fluctuated over the course of a holiday-shortened trading day on Thursday. The major averages bounced back and forth
Dow, S&P 500 Firmly Positive In Mid-Day Trading, Nasdaq Posting Modest Gain
WASHINGTON (dpa-AFX) - After showing an early move to the upside, stocks remain mostly higher in mid-day trading on Wednesday. The Dow and the S&P 500 are firmly in positive territory, while the tech-heavy Nasdaq is posting a more modest gain.
Currently, the Dow and the S&P 500 are hovering near their best levels of the day. The Dow is up 227.74 points or 0.8 percent at 30,243.25, the S&P 500 is up 19.69 points or 0.5 percent at 3,706.95 and the Nasdaq is up 10.06 points or 0.1 percent at 12,817.98.
The strength on Wall Street comes following the release of a slew of U.S. economic data, including a report from the Labor Department showing a significant pullback in first-time claims for unemployment benefits in the week ended December 19th.
U.S. Stocks Move Mostly Higher But Tech-Heavy Nasdaq Lags
WASHINGTON (dpa-AFX) - Stocks have moved mostly higher in morning trading on Wednesday, although weakness among some tech heavyweights is weighing on the Nasdaq. The S&P 500 is rebounding after closing lower for three consecutive sessions.
Currently, the major averages are turning in a mixed performance, as the Nasdaq is posting a modest loss. While the Nasdaq is down 8.26 points or 0.1 percent at 12,799.66, the Dow is up 181.18 points or 0.6 percent at 30,196.69 and the S&P 500 is up 14.52 points or 0.4 percent at 3,701.78.
The strength on Wall Street comes following the release of a slew of U.S. economic data, including a report from the Labor Department showing a significant pullback in first-time claims for unemployment benefits in the week ended December 19th.
Late-Day Pullback Leads To Mixed Close On Wall Street
WASHINGTON (dpa-AFX) - Stocks moved higher for much of the trading session on Wednesday before coming under pressure going into the close. The major averages showed notable moves to the downside, but the Dow and the S&P 500 managed to remain in positive territory.
The major averages eventually ended the session mixed. While the Nasdaq fell 36.80 points or 0.3 percent to 12,771.11, the Dow rose 114.32 points or 0.4 percent to 30,129.83 and the S&P 500 inched up by 2.75 points or 0.1 percent to 3,690.01.
The late-day pullback on Wall Street may have reflected profit taking, as traders cashed in on some of this year s gains ahead of the upcoming holidays.