Showing posts with the label U.S. Market at Close Report by CNBC.

U.S Market at Close Report: S&P Erases Gains Ending the day Slightly Lower. S&P 500 erases gains and ends day slightly lower as market rally stalls Yun Li 3-4 minutes U.S. stocks wiped out earlier gains and turned negative on Tuesday as the market struggled for a direction. The S&P 500 last traded 0.2% lower, dragged down by the energy sector. The tech-heavy Nasdaq Composite dipped 0.2%. The Dow Jones Industrial Average traded 60 points lower. Big Tech shares Apple and Netflix both erased an earlier advance and dipped into negative territory. Amazon shares came under pressure after Washington, D.C., Attorney General Karl Racine said he's suing the ecommerce giant on antitrust grounds . He alleged Amazon's practices have unfairly raised prices for consumers and suppressed innovation. Airlines and cruise lines provided the broader market with some support. United Airlines jumped 3% after the carrier said yields on domestic leisure tickets purchased this month topped

U.S. Market at Close Report by Cnbc: S&P 500 Closes at Record Levels on Thursday 29, April 2021 After Record Earnings From Apple and Facebook. S&P 500 notches record close after strong earnings from Facebook and Apple Thomas Franck 4-5 minutes The S&P 500 closed at record levels on Thursday after blowout earnings results from two of the biggest tech companies in the world: Apple and Facebook. The Dow Jones Industrial Average ended the day up 239.98 points, or 0.7%, at 34,060.36. The S&P 500 advanced just under 0.7% to finish the day at 4,211.47, a new closing high. The tech-heavy Nasdaq Composite , which began the day up 1%, underperformed with a gain of just over 0.2% to end the session at 14,082.55. Apple, which reported earnings yesterday afternoon , said that sales jumped 54% during the quarter, with each product category seeing double-digit growth. The company also said it would increase its dividend by 7%, and authorized $90 billion in share buybacks. Still, Apple shares ended the day just under the flatline. &quo