A third straight day of selling yesterday after plunging crypto currency prices rattled the overall market, but a late tech rally helped the S&P 500 erase about 80% of the early loss and today the market had a better tone as tech & cryptocurrency rallied back.
At the close:
In other news tech giant Cisco, already up 20% for the year, was fractionally higher after reporting revenue and net income above analysts’ expectations but their guidance was disappointing. Virgin Galactic has been in a nose dive dropping 70% in the last 100 days but 14% higher today after they announced their next flight will be Saturday. Victoria Secrets parent company was already up 86% this year so a report that showed revenue and net income above predications was greet with profit taking.
Stocks ended the day lower with the DOW, S&P, and...
Stocks ended the week higher, with the DOW, S&P and...
U.S. stocks closed up today as the market bounced back...
October has a bad reputation, but an 8% rally that...
October has a bad reputation as it has been the...
September has a well-deserved reputation as the worst month for...
