The Dow came within one point of 20,000 for the first time on Friday and the Nasdaq and S&P 500 reached record highs. While Friday’s gains suggested the rally was not yet over, some investors have grown cautious.
Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over.
New York (AFP) — Wall Street stocks were little changed in early trade Wednesday with Apple posting modest gains after unveiling a spate of new products, including a mobile-payment system and a smartwatch. About 40 minutes into trade, the Dow Jones Industrial Average dipped 3.01 points (0.02 percent) to 17,010.86. The broad-based S&P 500 shed […]
New York (AFP) – U.S. stocks Friday moved higher in early trade despite a U.S. employment report that showed surprisingly weak jobs growth in January. About 35 minutes into trade, the Dow Jones Industrial Average advanced 65.56 points (0.42 percent) to 15,694.09. The broad-based S&P 500 rose 11.09 (0.63 percent) to 1,784.52, while the tech-rich […]