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U.S. Stocks Close Slightly Lower Following Choppy Trading Day
WASHINGTON (dpa-AFX) - Following the rally seen in the previous session, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing slightly lower.
While the Dow slipped 96.95 points or 0.3 percent to 33,430.24, the Nasdaq and the S&P 500 closed just below the unchanged line. The Nasdaq edged down 7.21 points or 0.1 percent to 13,698.38 and the S&P 500 dipped 3.97 points or 0.1 percent to 4,073.94.
The choppy trading on Wall Street came as traders expressed some uncertainty about the near-term outlook for the markets following recent strength.
U.S. Stocks Remain Mostly Positive, S&P 500 Hovering Above 4,000
WASHINGTON (dpa-AFX) - Stocks are mostly positive in mid-day trading on Thursday, with technology stocks holding on to strong gains after an early rally. With the upward move on the day, the S&P 500 has reached a new record intraday high above 4,000.
After underperforming earlier in the session, the Dow has recently joined the Nasdaq and S&P 500 firmly in positive territory. The Dow is up 161.08 points or 0.5 percent at 33,142.63, the Nasdaq is up 199.68 points or 1.5 percent at 13,446.55 and the S&P 500 is up 37.47 points or 0.9 percent at 4,010.36.
The extended rally by technology stocks, as reflected by the jump by the tech-heavy Nasdaq, is partly in reaction to upbeat news out of the semiconductor sector.
WASHINGTON (dpa-AFX) - Stocks showed a strong move to the upside during trading on Thursday, with technology stocks helping to lead the way higher once again. With the upward move, the S&P 500
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