The major market averages ended the first trading session of 2018 near their highs, logging strong gains — a great start following impressive 2017 performances. The tech-heavy Nasdaq led the way with a 1.5% advance Tuesday, hitting a fresh record high. The S&P 500 also reached a new high, rising 0.8%, while the Dow Jones industrial average followed up with a ... Read More »
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Stocks close at record highs as tech losses are offset by energy gains
U.S. stocks closed slightly higher on Wednesday, notching record highs, as a gain in the energy sector offset losses in tech. The Dow Jones industrial average rose 39.3 points to close at 22,158.18 — a record — with Chevron contributing the most to the gains. Apple, however, was the biggest loser in the index. The S&P 500 rose 0.1 percent and finished the session ... Read More »
Tech stocks send another bearish warning of bigger market sell-off, even with Apple at highs
Nasdaq and technology stocks are sending up warning flares that the broader market may be getting ready for a late-summer sell-off. The Dow surged above 22,000 for the first time ever Wednesday, and the S&P 500 and Nasdaq also rode higher after Apple’s strong earnings cast a positive glow across the market. But those gains evaporated and the Dow was just slightly higher for most ... Read More »