July was a pretty strong month for the stock market, with most major indexes finishing in positive territory, and with considerably lower volatility along the way than in other recent months. Despite the continued elevated coronavirus case numbers, the S&P 500 is now in the
Apple Inc's Taiwan contract manufacturers Foxconn, Wistron Corp and Pegatron Corp have applied for funds from India's $6.65 billion scheme to boost smartphone manufacturing, the technology minister said on Saturday.
What happened
Shares of Apple (NASDAQ: AAPL) leapt 10.5% to a new closing high of $425.04 on Friday, following the company's expectation-crushing third-quarter results.
Strong earnings from U.S. technology firms drove Wall Street higher but shares in Europe slid on Friday on doubts about the economic recovery from the coronavirus pandemic, while the dollar rose but still posted its worst month in a decade.
The S&P 500 Index (SNPINDEX: ^GSPC) surged late in the day Friday, helped along by mega-tech stocks Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Facebook (NASDAQ: FB). The index ended the day up 0.77%. The rally comes despite slow progress by Congress in agreeing on anot
The major indexes all closed higher today, with the Dow digging out of the red and sprinting across the finish line for a triple-digit win at the close. The S&P 500 and Nasdaq both finished in the black as well, boosted by impressive earnings from a handful of Big Tech sto
The stock market has seen internal discord for quite a while, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) hasn't shown any signs of slowing down. Even on a day when the Dow Jones Industrials only managed to poke into positive territory with minutes to spare, the Composite and
The best performing sector as of midday Friday is the Utilities sector, losing just 0.5%. Within that group, Public Service Enterprise Group Inc (Symbol: PEG) and Edison International (Symbol: EIX) are two large stocks leading the way, showing a gain of 5.5% and 0.8%, respect
The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar.
The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar.
Technology stocks extended their Friday advance, with the SPDR Technology Select Sector ETF recently adding 2.0% in value although the Philadelphia Semiconductor Index still was sinking 1.1% this afternoon.
Alphabet Inc's Google said on Friday that 20 U.S. states and territories, representing about 45% of the country's population, are "exploring" contact tracing apps for the novel coronavirus using a tool it developed with Apple Inc.
Strong earnings from big tech companies, including Apple (NASDAQ: AAPL), failed to propel the Dow Jones Industrial Average (DJINDICES: ^DJI) higher on Friday. The Dow was down around 0.75% at 2:20 p.m. EDT.
The Nasdaq rose on Friday, lifted by strong earnings from some of the largest U.S. companies, but gains were curbed and the Dow and S&P lost ground as uncertainty about the government's next round of coronavirus aid exacerbated economic worries.
Alphabet Inc's Google said on Friday that 20 U.S. states and territories, representing about 45% of the country's population, are "exploring" contact tracing apps for the novel coronavirus using a tool it developed with Apple Inc.
Technology stocks were advancing moderately, with the SPDR Technology Select Sector ETF recently adding 0.6% in value although the Philadelphia Semiconductor Index was sinking 1.6% this afternoon.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Reuters
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