Dow Jones Industrial Common falls 25.23 factors

The Dow slid 25.23 factors, or 0.1%, to 29,398.08. The S&P 500 gained 0.1% to shut at 3,380.16. The Nasdaq Composite closed 0.2% larger at 9,731.18. Shares teetered alongside the flatline for a lot of the day, however Wall Avenue posted a weekly achieve.

Again-to-back weekly features regardless of coronavirus

The foremost averages posted a second straight weekly achieve even because the variety of reported coronavirus circumstances jumped this week. The S&P 500 and Nasdaq rose 1.5% and a couple of.2%, respectively, for the week whereas the Dow climbed round 1%. Greater than 64,000 coronavirus circumstances have been confirmed, with deaths totaling at the very least 1,380. Earnings have been a shiny spot for traders this week, nevertheless, with corporations resembling Nvidia and Expedia posting better-than-expected outcomes. Because the reporting interval winds down, traders will flip their consideration to the financial knowledge for clues on how the coronavirus is impacting the worldwide economic system.

Nvidia jumps, Caterpillar and IBM slide

Nvidia popped 7% on the again of stronger-than-expected quarterly earnings and income. Caterpillar and IBM dragged down the Dow, falling 1% and a couple of.3%, respectively.

What occurs subsequent?



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here