ArtBackground/Shutterstock
A day of dramatic swings on Wall Street, including the worst day for Microsoft in years, finished with only relatively modest moves.
The S&P 500 edged down by 0.1 percent Thursday after flirting with its record high in the morning and falling by as much as 1.5 percent in the midday hours. The Dow Jones Industrial Average added 0.1 percent, and the Nasdaq composite fell 0.7 percent.
Microsoft tumbled following its profit report, but a big gain for Meta Platforms helped to nearly offset it. Oil prices rose, while Treasury yields edged lower in the bond market.
On Thursday:
The S&P 500 fell 9.02 points, or 0.1 percent, to 6,969.01.
The Dow Jones Industrial Average rose 55.96 points, or 0.1 percent, to 49,071.56.
The Nasdaq composite fell 172.33 points, or 0.7 percent, to 23,685.12.
The Russell 2000 index of smaller companies rose 1.23 points, or less than 0.1 percent, to 2,654.78.
For the week:
The S&P 500 is up 53.40 points, or 0.8 percent.
The Dow is down 27.15 points, or 0.1 percent.
The Nasdaq is up 183.88 points, or 0.8 percent.
The Russell 2000 is down 14.39 points, or 0.5 percent.
For the year:
The S&P 500 is up 123.51 points, or 1.8 percent.
The Dow is up 1,008.27 points, or 2.1 percent.
The Nasdaq is up 443.13 points, or 1.9 percent.
The Russell 2000 is up 172.87 points, or 7 percent.
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.
