Stocks ended higher on Wednesday, bring the S&P 500 to the cusp of a record. The market has been gaining ground as investors shift their focus to the latest round of corporate earnings.
The S&P 500 rose 0.7% on Tuesday, driving the benchmark index to its fifth straight gain. Among the tech sector winners were Apple, which rose 1.5%, and software maker Adobe, which added 2.1%.
Stocks ended mixed on Wall Street Monday ahead of a busy earnings week. Investors are also trying to figure out how the broader economy will continue its recovery with COVID-19 lingering as a threat, while businesses and consumers face rising inflation.
Stocks ended higher Friday, giving the S&P 500 its best week since July, The latest rally came as investors welcomed encouraging quarterly report cards from several companies.
On Thursday, U.S. stocks rallied the most since March as momentum builds. The benchmark S&P 500 index rose 1.7% a day after breaking a three-day losing streak.
On Wednesday, a modest gain broke a three-day losing streak for the S&P 500 index. However, the benchmark index is still on pace for a 0.6% weekly loss.
Stocks edged lower Tuesday ahead of company earnings and inflation data. The major indexes wavered between small gains and losses for much of the day, before the selling gained momentum in the final minutes of trading. The S&P 500 slipped 0.2% after having been up 0.3% in the early going.
Stock indexes closed lower Friday as jobs data sparked uncertainty. The S&P 500 fell 0.2% after wavering between small gains and losses for much of the day. The modest drop snapped a three-day winning streak for the benchmark index. Even so, it managed a 0.8% gain for the week, less than half of the index’s loss last week.
Stocks closed higher Thursday as receding debt fears spurred a rally. The S&P 500 rose 0.8%, its third-straight gain. Nearly 80% of stocks within the benchmark index gained ground.
Stocks edged higher Wednesday as Wall Street shook off volatility. The market rallied back from a morning loss shortly after Senate Republican leader Mitch McConnell offered Democrats an emergency short-term extension to the federal debt ceiling into December.
Stocks rose on Wall Street Tuesday, led by tech, banks and the price of oil. The rally, which lost some momentum in the final hour of trading, left the S&P 500 1.1% higher. About 73% of the companies in the benchmark index rose.
Stocks fell Monday as tech retreated and the price of oil hit a seven-year high. The S&P 500 fell 1.3%. Big communication companies also fell.
Stocks bounced back some on Friday, but still closed out their worst week since last winter. The S&P 500 rose 49.50, or 1.1%, to 4,357.04 following another choppy day of trading. It swung between a loss of 0.4% and a gain of 1.6% through the day.
The S&P 500 ended the month 4.8% lower on Thursday, its first monthly drop since January and the biggest since March 2020, when the viral outbreak rattled markets as it wreaked havoc with the global economy.
The S&P 500 clung to a modest gain as other indexes ended mixed on Wednesday. That gain came a day after the benchmark index posted its worst drop since May. The index is on pace for its first first monthly loss since January.
A spike in bond yields spooked investors Tuesday, deflating tech stocks. The S&P 500 fell 2%, its worst drop since May. The tech-heavy Nasdaq dropped 2.8%, its biggest drop since March. Decliners outnumbered advancers on the New York Stock Exchange 4 to 1.
Stocks ended lower Thursday after a brief afternoon recovery faded. The S&P 500 and the Dow Jones Industrial Average each lost about 0.2%, while the tech-heavy Nasdaq managed to eke out a gain of 0.1%. More stocks fell than rose in the S&P 500, and most of the benchmark index’s sectors took slight losses.
Stocks posted broad gains on Wednesday, led by energy and tech companies. The S&P 500 rose 0.8% after another day of choppy trading. It was the biggest daily gain for the benchmark index since late August and it put the S&P 500 on pace to close the week higher.
U.S. stocks couldn’t hold on to an early gain Tuesday and continued to fall. The S&P 500 dropped 0.6% after an early gain faded by midafternoon. The benchmark index’s 11 sectors all ended in the red, with banks, energy stocks and industrial and communication companies among the biggest drags on the index. The selling more than offset the S&P 500′s modest gain from a day before.
U.S. stocks edged higher Monday, regrouping after a down week. The benchmark index shook off an afternoon slump to finish 0.2% higher. Banks, energy companies and communication stocks accounted for much of the index’s broad gains. Health care and utilities stocks fell. The S&P 500 was coming off its biggest weekly drop since June.
A tech slide on Friday pulled the S&P 500 down for its fifth straight loss. The benchmark index fell 0.8% and ended 1.7% lower for the holiday-shortened week. That’s it’s biggest weekly drop since June. The other major U.S. stock indexes also posted weekly losses.
Stocks slipped Wednesday after a report from the Federal Reserve signaled a “downshift” in the economy. The S&P 500 slipped 0.1%, its third straight drop. The benchmark S&P 500 was roughly split between gainers and losers, but weakness in technology, communication and financial stocks weighed down the market. Less risky investments, including consumer staples and utilities, made broad gains.
U.S. stocks closed mostly lower on Tuesday. The S&P 500 slipped 0.3%, losing some ground after two straight weekly gains. Roughly 80% of companies in the benchmark index fell.
Stocks ended mostly lower Friday even as tech drives the Nasdaq higher. The S&P 500 fell less than 0.1% a day after notching a record high. The benchmark index still managed its second straight weekly gain. Losses in financial, industrial and utilities companies outweighed gains in technology stocks and other sectors of the S&P 500.
Stocks shook off an afternoon stumble to end Thursday modestly higher. Investors had a fresh batch of economic data to weigh as they gauge the economic recovery, but much of the focus will be on a key employment report from the Labor Department on Friday.
Stocks ended Wenesday with tiny gains, but enough to nudge the Nasdaq to a new record. The S&P 500 index rose 1.41 points, less than 0.1%, to close at 4,524.09. Technology and communications stocks made solid gains that helped lift an otherwise choppy market.
The S&P 500 ended August higher, it’s seventh straight monthly gain. Investors are busy trying to figure out just how much of an impact rising COVID-19 cases will have on the still recovering economy. The market has been choppy amid a mix of economic data, some of which has signaled that consumers are becoming more cautious.
The S&P 500 and Nasdaq notched more records on Monday due to Big Tech stocks even as the Dow slipped.
Stocks rallied Friday amid relief that interest rates will remain low. The S&P 500 rose 39.37, or 0.9%, to 4,509.37 to top its prior all-time high set on Wednesday, part of a widespread rally that swept up everything from bonds to gold.
The benchmark S&P 500 index rose 0.2% Tuesday after a relatively quiet day in the market. Banks and a mix of retailers, travel companies and restaurant chains accounted for much of the upward move. Those gains offset a slide in health care companies, household goods makers and technology stocks.
Stocks rose broadly on Monday. The S&P 500 rose 0.9%, after spending much of the day within striking distance of notching its own record high. The benchmark index ended less than 0.2% below its all-time high set a week ago.
Stocks ended higher on Wall Street Friday, but still posted weekly losses. The S&P 500 index rose 0.8%, but still posted a weekly loss of 0.6% after two weeks of gains. Even so, the benchmark index is less than 1% from the all-time high it set Monday.
Thursday turned out to be another up and down day on Wall Street with indexes closing mixed. The S&P 500 managed a 0.1% gain after having been down 0.7% in the early going.
U.S. stocks took a late turn lower Wednesday. The S&P 500 fell 1.1%, its second straight loss coming off a five-day winning streak. The selling accelerated in the final hour of trading, with the S&P 500’s technology, health care, financial and industrial companies weighing down the index the most.
Wall Street slipped Tuesday as retail sales posted a steep drop in July. The benchmark S&P 500 index fell 0.7%, its biggest decline in four weeks. Technology stocks and a mix of companies that rely on consumer spending were the biggest weights on the market as traders become more concerned about the pace and breadth of economic growth amid a resurgent COVID-19.
On Monday, the S&P 500 hit a new record amid rising concerns about the pandemic. Technology and health care stocks accounted for much of the gain. Sectors traditionally considered lower risk, including utilities and companies that make food and personal goods also helped lift the market.
Stocks closed higher on Wall Street Thursday. The S&P 500 eked out a 0.3% gain, good enough for its third straight all-time high. The benchmark index managed to end higher despite a majority of its companies closing lower. Gains for several big technology stocks, including Apple, countered weakness in chipmakers, industrial firms and energy companies.
The S&P 500 rose 0.2% Wednesday after another wobbly day of trading. Nearly three-fourths of the companies in the benchmark index notched gains, including energy stocks, which rose along with the price of crude oil. Health care was the only sector to fall.
Stocks edged higher Tuesday as banks and industrial offset a tech slide. The S&P 500 recovered from an early slip and eked out a 0.1% gain, enough to eclipse the record high it set Friday.
Stocks ended a wobbly day Monday lower, edging below recent records. The S&P 500 slipped 0.1%, erasing an early gain. Technology companies accounted for a big share of the decline. Industrial and consumer-centric stocks also fell.