A nothing day has turned into a selloff, as tech stocks tumble and take the market with it. Except for the Dow, which is hitting a new all-time high. ILLUSTRATION: GETTY IMAGES The S&P 500 have fallen 0.4% to 2,467.59 at 1:51 p.m. today, while the Dow Jones Industrial Average has ticked up 14.85 points, or 0.1%, to 21,725.86. The Nasdaq Composite has dropped 1.1% to 6,352.31. Earlier today, ... Read More »
Tag Archives: Nasdaq
Nasdaq, S&P 500 close higher as tech stocks rally while Dow dips
Federal Reserve Chairwoman Janet Yellen The Nasdaq and S&P 500 finished higher while the Dow industrials closed fractionally lower Wednesday as Federal Reserve policy meeting minutes indicated a reduction in the central bank’s economy-boosting balance sheet could begin soon, and technology stocks rallied amid a disappointing manufacturing report and a tumble in crude futures. The Dow Jones Industrial Average DJIA, -0.01% finished down ... Read More »
Nasdaq tumbles on tech selloff while Dow climbs to record close
The Dow closed at a record on Friday even as the Nasdaq skidded nearly 2% as the technology sector abruptly fell in afternoon trade. The Nasdaq’s retreat comes on the heels of an early record and marked the biggest one-day decline for the Nasdaq since May 17, when it tumbled more than 2.5%. The Dow Jones Industrial Average DJIA, +0.42% ... Read More »