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Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the
Stocks were cruising along in Friday trading, and even the Nasdaq was in on the action. The Dow rose 100 points, or 0.2%. The index was rising, even though declines for Caterpillar and Goldman Sachs combined were shaving off more than 400 points on their own.
The FTSE 100 closed down 21.87 points, or 0.2%, at 10,508.02.
The major stock indexes were back to breakeven after the latest sentiment data from the University of Michigan. The Dow was up 83 points, or 0.2%. The S&P 500 was up 0.1%. The Nasdaq was down 0.1%. The University of Michigan said its index of consumer sentiment rose to 49.
The Nasdaq was down 1%, while the Dow was down 206 points, or 0.4%. The Invesco S&P 500 Equal Weight ETF, a proxy for breadth since it counts every single S&P 500 stock as if it had the same market capitalization, was rising. At the sector level, a rotation to health care, consumer staples, real estate, and utilities came at the expense of tech and industrials.
Investing.com -- Canadian equity markets appeared set to open lower on Friday as renewed weakness in the global technology sector and a sharp decline in crude prices weighed on sentiment. The downbeat premarket indicators follow a positive Thursday session where the benchmark S&P/TSX Composite gained 114.12 points, or 0.33%, to finish at 34,850.21, while the S&P/TSX 60 Index edged up 0.21% to close at 2,054.08. Ahead of the opening bell, S&P/TSX 60 Futures fell 0.33% to C$2,053.7. U.S. Futures S
June 26 (Reuters) - Wall Street's main indexes fell on Friday, as chipmakers came under renewed selling pressure after a stellar run this quarter, with investors questioning high valuations and the
Chip stocks kept sliding Friday morning. The Nasdaq dropped 1.1% at the open. The S&P 500 fell 0.7%. The Dow dropped 176 points, or 0.3%. “After a strong start and intraday sell-off yesterday, futures have equities in the penalty box to start the last session of the week, so we’ll see if bulls can make a stand into the weekend,” Bespoke Investment Group’s Paul Hickey writes.
Wall Street closed mixed on Thursday, pulled down by consumer and communication stocks.
Stock Market Today: The Dow Jones index fell, while Nasdaq futures dived amid a global tech sell-off. Micron, Nvidia and Sandisk tumbled.
US stocks are set for another difficult session on Friday, with the Nasdaq on course for a fifth straight day of losses as investors continue to rotate out of technology shares ahead of the quarter-end. Nasdaq futures were down 1.2% ahead of the opening bell, while S&P 500 and Dow Jones...
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The tech giant replaces Verizon — and increases the Mag 7's presence in the blue-chip barometer.
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