Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Dow rises slightly Friday, but stocks head for first down week in six

by
November 12, 2021
in Trading News
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Amazon to report quarterly earnings after market close

Your earnings investing playbook for the big Apple, Amazon and Alphabet results after the bell

Stocks moved slightly higher Friday, but are on pace to snap a five-week winning streak after a hotter-than-expected inflation reading came out Wednesday.

The Dow Jones Industrial Average rose about 107 points. The S&P 500 gained about 0.4% and the Nasdaq Composite added 0.6%.

Dow component Johnson & Johnson saw its shares rise about 1% following a Wall Street Journal report that the company is splitting in two. Johnson & Johnson is reportedly breaking off its consumer health division into a separate publicly-traded company.

The major averages are on track to close the week lower after the hottest inflation report in 30 years. The Dow is down about 0.8%, the S&P 500 is 0.6% lower and the Nasdaq Composite dipped around 1.1%.

Fresh data out Friday morning underscored persistent inflation fears and labor challenges.

Consumer sentiment in early November dropped to its lowest level in a decade, the University of Michigan reported Friday. Many survey respondents cited inflation concerns, according to the report.

Meanwhile, workers left their jobs in record numbers in September with 4.43 million people quitting, the Labor Department reported Friday. The exodus occurred as the U.S. had 10.44 million employment openings that month, according to the report.

Despite this week’s losses, the three major averages are within striking distance of their record highs. The S&P 500 is up nearly 24% in 2021.

ShareTweetPin

Related Posts

Amazon to report quarterly earnings after market close

by
February 2, 2023
0

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon...

Your earnings investing playbook for the big Apple, Amazon and Alphabet results after the bell

by
February 2, 2023
0

Thursday is a massive day for tech investors, as Amazon , Apple and Google-parent Alphabet are all set to report...

Apple reports earnings after the bell Thursday

by
February 2, 2023
0

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., speaks during...

Sen. Kyrsten Sinema pulls in cash from Wall Street, real estate titans as she mulls reelection bid

by
February 2, 2023
0

U.S. Senator Kyrsten Sinema (D-AZ) walks out from the floor for a moment during voting for the "Inflation Reduction Act...

Stocks making the biggest moves midday: Meta, Align Technology, Coinbase, Eli Lilly and more

by
February 2, 2023
0

In this article GWWCOINOKTAAPDMETALLYFSLRALGNFDX Follow your favorite stocksCREATE FREE ACCOUNT The Commission took issue with Meta's pairing of Facebook Marketplace...

Next Post

Q4 GDP Forecasts: Around 5% to 6%

Why This IBM Spinoff Is Struggling

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net