20 Hours Ago
S&P 500 finishes lower, Dow registers best week since May
The S&P 500 fell 0.16% to finish at 5,464.62, while the Nasdaq Composite dipped 0.18% to settle at 17,689.36. The Dow Jones Industrial Average edged up 15.57 points, or 0.04% to close at 39,150.33.
For the week, the broad index advanced 0.6%, while the Nasdaq finished flat. The Dow rose 1.45% for its best weekly performance since May.
— Samantha Subin
21 Hours Ago
This week’s biggest Dow winners
The Dow Jones Industrial Average is up 1.4% since the start of the week and headed for its best weekly performance since May.
Powering those gains in the 30-stock index is Salesforce, which is on pace to advance 5.3% for the week. Other significant winners include Amgen and Nike, both up nearly 4% since the start of the week. Cisco Systems has gained 4.4%.
UnitedHealth is the biggest weekly loser in the index, down nearly 3%.
— Samantha Subin
22 Hours Ago
Nvidia poised to snap eight-week winning streak
Nvidia‘s troubles this week has put the artificial intelligence darling on track for its first losing week in nine.
The mega-cap technology stock has dropped more than 3% so far this week. That would end the eight-week positive streak notched by the chipmaker.
To be sure, this week’s drawdown is a small bite in an otherwise monster rally. Nvidia shares are still higher by more than 16% on the month and 150% on the year.
— Alex Harring
22 Hours Ago
Major gold ETF declines, heads for losing week
A major gold fund was wilting…
