deswong24

    • deswong24deswong24
      ·2021-06-15
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      Nasdaq rises to an all-time closing high, S&P 500 ekes out another record

      The Nasdaq Composite jumped to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting.The tech-heavy benchmark rose 0.7% to an all-time closing high of 14,174.14, overtaking the previous record on April 26. The S&P 500 gained about 0.2% to another record close 4,255.15, boosted by the technology sector. The Dow Jones Industrial Average slipped 85.85 points, or nearly 0.3%, to 34,393,75.Investors are giving growth and tech stocks anoth
      Nasdaq rises to an all-time closing high, S&P 500 ekes out another record
      6272
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    • deswong24deswong24
      ·2021-06-14
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      Oracle, Adobe, Kroger, General Motors, and Other Stocks for Investors to Watch This Week

      It’s another quiet week on the earnings front. Oracle on Tuesday, Lennar on Wednesday, and Adobe and
      Oracle, Adobe, Kroger, General Motors, and Other Stocks for Investors to Watch This Week
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    • deswong24deswong24
      ·2021-06-12
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      S&P ekes out gains to close languid week

      NEW YORK, June 11 - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th
      S&P ekes out gains to close languid week
      7862
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    • deswong24deswong24
      ·2021-06-11
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      S&P 500 climbs to a new record close, shrugging off inflation fears

      The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.The broad equity benchmark climbed nearly 0.5% to a record closing high of 4,239.18. The S&P 500 also hit an intraday record of 4,249.74, overtaking its May 7 high after the market traded sideways for a month. The Dow Jones Industrial Average advanced 19.10 points, or less than 0.1%, to 34,466.24, while the Nasdaq Composite gained about
      S&P 500 climbs to a new record close, shrugging off inflation fears
      7452
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    • deswong24deswong24
      ·2021-06-10
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      U.S. stocks end lower ahead of inflation report

      NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants a
      U.S. stocks end lower ahead of inflation report
      643Comment
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    • deswong24deswong24
      ·2021-06-09
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      S&P 500 closes little changed as "meme stocks" extend rally

      NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of c
      S&P 500 closes little changed as "meme stocks" extend rally
      6961
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    • deswong24deswong24
      ·2021-06-08
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      S&P closes nominally lower as investors wait for a catalyst

      NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), wit
      S&P closes nominally lower as investors wait for a catalyst
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    • deswong24deswong24
      ·2021-06-07
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      GameStop earnings, consumer inflation data: What to know this week

      This week is set to be a relatively quiet one for investors in terms of economic data releases and e
      GameStop earnings, consumer inflation data: What to know this week
      253Comment
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    • deswong24deswong24
      ·2021-06-05
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      Can Alibaba Stock Hit $500? If You Got Time, Yes

      Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.I believe that there are both opportunities and risks, but would see the prior outweighing the latter.In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:. Alibaba Group'
      Can Alibaba Stock Hit $500? If You Got Time, Yes
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    • deswong24deswong24
      ·2021-06-04
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      Dow ends day flat as economic comeback plays offset losses in tech

      Cyclical stocks lifted the Dow Jones Industrial Average off its low on Thursday to close the session
      Dow ends day flat as economic comeback plays offset losses in tech
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