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The major market indexes finished the week on a high note, boosted by strong earnings from blue chip stock Intel. Stocks popped out of the gate Friday and stayed higher through the close. Today's positive price action came as a result of an encouraging reading on inflation, as well as a rally in Big Tech stocks following well-received earnings from Dow Jones stock Intel (INTC). Taking a quick look at this morning's inflation data, the Bureau of Economic Analysis said its June personal consumptio
A mixed batch of earnings and another Fed rate hike couldn't keep the blue chip Dow Jones down. Stocks closed mixed Wednesday as investors weighed a fresh batch of earnings reports and a mid-afternoon Fed announcement. Negative reactions to earnings from mega-cap blue chip stock Microsoft (MSFT) and chipmaker Texas Instruments (TXN) created headwinds for most of the session. And while stocks failed to lift off after the Federal Reserve hiked interest rates to their highest level in 22 years, the
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