Stock drifted to a mixed close as Wall Street remains in a lull.
The S&P 500 closed little changed Wednesday, after a big three-day winning streak gave way to a tiny gain the prior day. The Dow Jones Industrial Average rose 0.4 percent, and the Nasdaq composite fell 0.2 percent.
Uber Technologies slumped after reporting worse results for the latest quarter than analysts expected. Shopify tumbled after giving a forecast for slowing revenue growth. Lyft and Arista Networks revved higher after topping expectations for profit and revenue. Treasury yields rose in the bond market.
On Wednesday:
The S&P 500 fell 0.03 points, or less than 0.1 percent, to 5,187.67.
The Dow Jones Industrial Average rose 172.13 points, or 0.4 percent, to 39,056.39.
The Nasdaq composite fell 29.80 points, or 0.2 percent, to 16,302.76.
The Russell 2000 index of smaller companies fell 9.51 points, or 0.5 percent, to 2,055.13.
For the week:
The S&P 500 is up 59.88 points, or 1.2 percent.
The Dow is up 380.71 points, or 1 percent.
The Nasdaq is up 146.43 points, or 0.9 percent.
The Russell 2000 is up 19.41 points, or 1 percent.
For the year:
The S&P 500 is up 417.84 points, or 8.8 percent.
The Dow is up 1,366.85 points, or 3.6 percent.
The Nasdaq is up 1,291.40 points, or 8.6 percent.
The Russell 2000 is up 28.06 points, or 1.4 percent.
The Epoch Times copyright © 2024. The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.
