Nasdaq recovered slightly before the close but can't outrun bank credit downgrade
4:17pm: Some 80% of S&P components have topped Street expectations thus far The Dow closed Tuesday down 159 points, 0.5%, at 35,314, the Nasdaq Composite...
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4:17pm: Some 80% of S&P components have topped Street expectations thus far The Dow closed Tuesday down 159 points, 0.5%, at 35,314, the Nasdaq Composite...
The tech-heavy Nasdaq led Wall Street higher last week as megacap growth companies such as Alphabet, Meta Platforms as well as chipmakers Intel and Lam Research posted strong quarterly earnings.
* All three indexes set to end July higher ...
U.S. stocks closed little changed on Monday, ending a strong July on upbeat company earnings and hopes of a soft landing for a resilient U.S. economy. Financial services provider SoFi Technologies added 19.9% after reporting better-than-expected quarterly revenue.
More companies are paying out special dividends this year. Here's what that means. The first half of 2023 was exciting for investors, as a new bull market was born and tech stocks went on a tear. Even supposedly staid dividends got a little spicier, as 36 firms in the broad-market S&P 1500 index paid out special dividends – extra, one-time payments on top of their regular dividend payouts – from January through June, according to S&P Global Market Intelligence. That's the highest rate in at leas