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I am an investor in Stock Market. I have been investing in Stock Market for last 10 years. As an investor, I was looking for a website, where I can share my thoughts and analysis about stock market and get public feedback about my thoughts. In this way, I can make good plan for future... More
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  • Dow Closes At Record High 0 comments
    May 11, 2014 2:46 AM

    U.S. stocks ended a volatile week with a positive note, which had the Dow Jones Industrial Average closing at a record high, while the Nasdaq Composite posted the biggest weekly fall in four weeks as investors continued to sell off tech shares and small-cap stocks again this week.


    The Dow Jones Industrial Average ended an active session up 32.37 points, or 0.2% at 16,583.34, passing the previous record close of 16,580.84 set on April 30. The blue-chip index saw a weekly rise of 0.4%.

    The Nasdaq Composite advanced 20.37 points, or 0.5%, to end at 4,071.87, which is still a weekly decline of 1.3%. The S&P 500 rose 2.85 points, or 0.2%, to 1,878.48, trimming its weekly decline to 0.1%.

    While stocks bounced back Friday, tech and small-cap shares were still beat down for the week. The First Trust Dow Jones Internet ETF saw a 3.6 weekly decline, while the iShares Russell 2000 ETF saw a weekly drop of 1.8%. On Tuesday, the small cap ETF closed under its 200-day moving average for the first time since November 2012.


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