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Stocks Still Mixed Up as Tech Drops But Dow Nears New High


Stocks Still Mixed Up as Tech Drops But Dow Nears New High
Zacks.com
11 hrs ago
The market remained mixed on Thursday as technology got shellacked but the Dow managed to keep grinding higher. Investors had to deal with more earnings reports, another testimony from the Fed Chair and the latest read on jobless claims.  
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The Dow continued to push through the sluggishness and rose 0.15% (or nearly 54 points) to 34,987.02, marking its third positive performance in the past four sessions. It’s up for the week heading into Friday’s session and is less than 10 points away from returning to all-time highs. ....

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Stocks Jump 1% to Save Week and Set New Record Highs


Stocks Jump 1% to Save Week and Set New Record Highs
Zacks.com
2 hrs ago
This holiday-shortened week ended on Friday in the same way as last week… with the major indices all at record highs! Stocks recovered from yesterday’s malaise with a 1%+ rally that turned the weekly totals positive and provided some momentum for the beginning of earnings season.
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What happened to all the concerns about a stalled economic recovery, which was reported as the main reason for Thursday’s slide? It goes to show that one session’s performance doesn’t mean a whole lot for such a skittish market. You know what does carry some weight? The major indices all soaring by double-digits in the first six months of 2021. ....

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Dow Gains Over 200 Points to Begin May


Dow Gains Over 200 Points to Begin May
Recovery stocks had a strong start to the new month (and week) on Monday, sending the Dow higher by more than 200 points as investors remain encouraged by a solid earnings season and a rapid pace of vaccinations. They’re also feeling pretty good about Friday’s all-important jobs report.
The Dow enjoyed the best performance of the day by advancing 0.70% (or nearly 240 points) to 34,113.23. The S&P rose 0.27% to 4192.66, but the NASDAQ slipped 0.48% (or about 67 points) to 13,895.12.
Stocks are coming off a very impressive April that saw the S&P and NASDAQ each advance by more than 5%. The Dow was up 2.7%. We enjoyed strong earnings, solid economic data and a Fed that constantly reiterated its super dovishness throughout the month. ....

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