Mixed Moves

Indices ended trading mixed on Friday. The Dow shed some points while the S&P 500 and Nasdaq stepped up. Moves were mixed on a variety of economic news. Lululemon added 13% on strong revenue and profit outlook while Coca-Cola dipped 0.87% after announcing plans to acquire Costa Coffee for $5.1 billion. On another note, Apple…

Stocks Slip

Indices closed in the red zone on Thursday. Brands such as Caterpillar and Nike traded lower on the Dow. Stocks slipped on renewed China trade concerns. On another note, initial jobless claims increased last week. Department of Labor data showed new claims rose by 3,000 to 213,000 in the week ended August 25. In other…

New Heights

Indices closed with gains on Wednesday. Technology brands such as Amazon, Alphabet and Apple led the S&P 500 and Nasdaq to new-record heights. Stocks stepped up on the release of strong GDP growth. Commerce Department data showed U.S. Gross Domestic Product rose 4.2% in the second quarter, following a gain of 2.2% in the first…

Slight Gains

Indices landed in green territory on Tuesday. The S&P 500 traded up to another record high. Consumer discretionary brands led advancers while telecom and energy stocks dipped. In earnings moves, Best Buy shed 5% after its third-quarter earnings outlook fell short of forecasts while Tiffany & Co. tacked on nearly 1% after second-quarter earnings exceeded…

A Green Monday

Indices closed in the green zone on Monday. The S&P 500 and Nasdaq hit all-time record levels on tentative trade agreement optimism between the U.S. and Mexico. On another note, consumer sentiment ticked up in July. Conference Board data showed consumer confidence rose by 0.3 point to 127.4. Elsewhere, Tesla shares shed 1.6% today after…