News Formal

Wall Street hangs around its records after European stocks slump

  • 📰 latimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 82%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

U.S. stocks hung around their record levels as Wall Street remained relatively quiet after another slide in Europe

U.S. stocks hung around their record levels Friday as Wall Street remained relatively quiet after another slide in Europe. The Standard & Poor's 500 edged down by less than 0.1%, marking the first time this week when it did not set an all-time high. The Dow Jones industrial average dipped 0.1%, while the Nasdaq composite added 0.1% to its record set a day before on the back of gains for technology stocks.

Big technology stocks, meanwhile, continue to race ahead almost regardless of what the economy and interest rates are doing. Adobe jumped 14.5% after reporting stronger profit for the latest quarter than analysts expected. Broadcom rose 3.3% for a second straight day of gains after reporting better-than-expected profit and a 10-for-one stock split to make its price more affordable. Nvidia gained 1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Main Street or Wall Street: Who Has the Correct Market Prespective?Stocks Analysis by Jeffrey Roach covering: S&P 500, Target Corporation. Read Jeffrey Roach's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

European stocks slump after European vote, shock French electionEuropean stocks slump after European vote, shock French election
Source: Investingcom - 🏆 450. / 53 Read more »

European stocks lose steam after European Central Bank cutEuropean stocks moved lower on Friday, after closing at a record high during the previous session.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks open marginally higher after European Central Bank cutEuropean stocks opened slightly higher on Friday, after closing at a record high during the previous session.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
Source: NBCNewYork - 🏆 270. / 63 Read more »