Stocks Extend Winning Streak on Combination of Economic Growth, Expectations for Accommodative Fed – NASDAQ.com
Eastern time Friday. The Standard & Poor’s 500 fell three points, or 0.1 percent, to 1,989. The index closed at a record high the day before. The Nasdaq composite fell five points, or 0.1 percent, to 4,527.
US STOCKS SNAPSHOT-Wall St falls, but up for third straight week – Yahoo Finance
Financial stocks put in a strong performance with Bank of America ( BAC ) shares more than 4% higher despite agreeing to a record $17 billion penalty with the Department of Justice over mortgage-backed securities. Although tech stocks had another good day, the Nasdaq Composite lagged its blue chip counterpart due to weakness in biotech and semiconductor stocks; it moved in and out of positive territory before ending a whisker higher. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc. Copyright (C) 2014 MTNewswires.com. All rights reserved.
Premarkets: 4 things to know before the open – Aug. 22, 2014
Markets advanced in the previous trading session. The S&P 500 increased 0.3% to close at a record high, just above 1,992. The Nasdaq and Dow Jones Industrial Average also ended a touch higher. Related: Fear & Greed Index 2.
The Dow Jones industrial average fell 38.46 points or 0.23 percent, to click here 17,001.03, the S&P 500 lost 4.01 points or 0.2 percent, to 1,988.36 and the Nasdaq Composite added 6.45 points or 0.14 percent, to 4,538.55. For the week, the Dow is up 2 percent, the S&P is up 1.7 percent and the Nasdaq is up 1.6 percent. It is the strongest week of gains for both the Dow and S&P since April, and the third straight week of gains for all three indexes. (Reporting by Ryan Vlastelica; Editing by James Dalgleish) Stocks & Offerings