WASHINGTON (dpa-AFX) - Stocks saw modest strength for much of the trading session on Thursday before giving back ground going into the close. The major averages all slid into negative territory
WASHINGTON (dpa-AFX) - After edging mostly higher over the two previous sessions, stocks are seeing some further upside in morning trading on Thursday. With the upward move on the day, the Dow
Stephen Guilfoyle in his "Market Recon" column notes a change in the world's richest man, comments on his breach of self-discipline, counts downs the day of the Trump presidency, highlights how small-caps are sizzling, and previews the coming Consumer Electronics Show..MSFT
Nasdaq, S&P 500 Reach New Record Highs But Dow Underperforms
WASHINGTON (dpa-AFX) - With optimism about additional stimulus overshadowing disappointing jobs data, stocks have moved mostly higher in morning trading on Friday. The Nasdaq and the S&P 500 have reached new record highs, although the narrower Dow has underperformed its counterparts.
Currently, the Nasdaq is up 114.42 points or 0.9 percent at 13,181.90 and the S&P 500 is up 17.13 points or 0.5 percent at 3,820.92. Meanwhile, the Dow is lingering near the unchanged line, up just 3.98 points or less than a tenth of a percent at 31,045.11.
The markets continue to benefit from optimism that a Democrat-controlled government will lead to more fiscal stimulus and a better handling of the coronavirus vaccine rollout.