WASHINGTON – Wall Street edged forward during trading yesterday with each of the three major composites posting gains of nearly half a percent. This came despite a report showing consumer confidence at its lowest point in seven months. The S&P 500 led the charge with a 0.49 percent (5.54 points) gain, followed closely by the Dow Jones (0.43 percent, 46.10 points) and NASDAQ (0.41 percent, 9.82 points).
Wall Street closed last week at its highest point in nearly four months. Unfortunately, that upward momentum was not able to keep markets from slipping at the opening bell today. According to CNNMoney, investors are trying to make the best of a recent flurry of corporate deals. Nevertheless, the lackluster push this morning is directly related to a general lack of corporate news. Stocks tend to swing upward when Wall Street is in the news.
WASHINGTON – Wall Street finished with modest gains to close the week last Friday. The NASDAQ led the way with a 0.54 percent (12.36 points) gain on the day, but the S&P 500 (0.08 percent, 0.93 points) and Dow Jones (0.12 percent, 13.02 points) posted weak gains at the closing bell.
WASHINGTON – Wall Street finished the day yesterday with mixed results, though trending slightly higher, across the three major composites. Both the NASDAQ (0.08 percent, 1.93 points) and Dow Jones (0.21 percent, 22.10 points) closed with gains at the end of the trading session. Meanwhile, the S&P 500 turned in an underwhelming 0.04 percent (0.41 points) decline. Investors took a hit early in the day and were never able to recover.
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