The Dow Jones Industrial Average and S&P 500 hit records as stocks of companies that could benefit from infrastructure spending continued to rally.
Stocks
Cryptocurrencies bitcoin, ether and dogecoin were all ticking higher.
The S&P 500 and Dow Jones Industrial Average closed at record highs after the Senate passed an infrastructure package and oil prices mostly recovered from Monday’s slump.
AMC Entertainment jumps after earnings; vaccine makers extend gains .
The Dow and S&P opened the week nearly flat, but a tumble in oil prices and a brief slump in gold and silver prices signaled investor unease about the strength of the economic recovery.
Energy companies were slipping as crude prices fell.
United Airlines, Square Inc. and Spirit Airlines were three of the companies whose stocks moved on news this past week.
The Dow and S&P 500 rose as July’s job growth reflected a strong labor market.
Stock futures are higher after Monday’s slide on Wall Street.
Zynga slips as usage declines; Yelp jumps as it lifts its guidance.
Once the market settles, many investors and bankers figure, China’s growing wariness about its companies listing abroad will win the financial hub more IPOs.
The S&P 500 moved higher on data showing that unemployment-benefits applications dropped modestly and the trade deficit widened.
Robinhood looks set to give up some of Wednesday’s gains when the market opens.
Grill maker Weber sold fewer shares at a lower price than expected in its initial public offering, people familiar with the matter said, the latest sign the new-issue market may be cooling after a torrid run this summer.
The S&P 500 fell on concerns as coronavirus cases spread and data showed the private sector added fewer jobs than economists expected in July.
For Robinhood shares, there’s no sign of the Sheriff of Nottingham in sight.
Shares of the popular trading app rose to $46.80 on Tuesday, up from the IPO price of $38.
U.S. stocks advanced broadly, bouncing back from earlier losses to bring the S&P 500 to a closing high.
Stock futures are up, pointing to gains at the open for major indexes.
Electric-car maker Li Auto kicked off a near-$2 billion stock offering in Hong Kong, joining a string of U.S.-listed Chinese companies in tapping investors closer to home.