Stocks end mixed; Dow up for tenth straight day

dipped 2.3%, down for a second straight day after the video streaming company's quarterly results this week failed to impress.

Analysts attributed Friday's volatile trading to the expiration of monthly options and the expected special rebalancing of the multi-trillion dollar Nasdaq 100Traders work on the floor of the New York Stock Exchange in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid The Nasdaq declined 0.22% to 14,032.81 points, while Dow Jones Industrial Average rose 0.01% to 35,227.69 points.The Nasdaq has rallied about 34% this year, lifted by optimism over artificial intelligence, a relatively resilient U.S. economy and expectations that the Federal Reserve's aggressive rate hike cycle will end soon.

While the Fed is widely expected to raise interest rates by 25 basis points at its July 25-26 meeting, investors have mixed views on the central bank's longer-term monetary policy.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

U.S. stocks open higher as Dow industrials attempt to book 10th day of gainsU.S. stock indexes opened higher on Friday with the Dow Jones Industrial Average aiming to stretch its winning streak to 10 sessions, while technology stocks...
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stocks are rising as Dow tries for 10th straight day of gains By Investing.com⚠️BREAKING: *U.S. STOCKS EDGE HIGHER TO END THE WEEK AS DOW RISES FOR 10TH DAY IN A ROW $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks advance as earnings pick up; Dow notches 8th day of gainsWall Street closed up, with the blue-chip Dow registering its eighth straight day of gains, but a decline in Microsoft held the Nasdaq near the unchanged mark
Source: Reuters - 🏆 2. / 97 Read more »