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Producer prices rose 0.4% in November, higher than consensus estimates of 0.2%. Declines in Nvidia and Adobe stock weighed on the Nasdaq, while bond yields rose.
Stocks traded mixed Friday morning as investors took in another batch of earnings results and more data on the pace of the economy recovery.
Here's where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 6,051.09, down 0.01% Dow Jones Industrial Average : 43,828.06, down 0.20% (-86.06 points)
A loss of just over 24 percent on May 5, 1893, from 39.90 to 30.02 signaled the apex of the stock effects of the Panic of 1893; the 2007–2008 crash was a 61.8 percent retracement thereof that began on October 11, 2007, and lasted until the closing low on March 9, 2009.
The stock climbed roughly 6% to end the trading day. Shares of Silvergate Capital Corporation ( SI ), which soared as much as than 90% on elevated trading volume, closing the day up 52%. Alexandra ...
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For example, if a company has 4 million common shares outstanding and the closing price per share is $20, its market capitalization is then $80 million. If the closing price per share rises to $21, the market cap becomes $84 million. If it drops to $19 per share, the market cap falls to $76 million.
NEW YORK (AP) — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S ...