SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Continued Upward Trend in the USA

The large indexes on Wall Street continue upwards, with yet another good trading day for the large technology companies. Google's owner Alphabet climbed 2.2 percent.

» Updated: 26 September 2024

» Published: 12 September 2024

Continued Upward Trend in the USA
Photo: Peter Morgan/AP/TT

Nasdaq's composite index and S&P 500 continue on the winning track, with increases on all trading days this week. At the close on Thursday, the former index had increased by 1.0 percent, while S&P 500 had risen by 0.8 percent. Even the industrially weighted Dow Jones continues to rise, closing at a plus of 0.6 percent.

Several of the major technology companies' shares saw a good development during the day. Microsoft increased by 0.9 percent, while the semiconductor company Nvidia followed up Wednesday's giant leap upwards by increasing by 1.9 percent.

Google owner Alphabet has been in a period characterized by declines since last summer. On Thursday, however, the share increased by 2.2 percent.

It went worse for the pharmaceutical company Moderna, which lost as much as 12.4 percent. Nor did the industry colleague Pfizer have a particularly good trading day, with a loss of 1.7 percent.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Technology stocks drive the market on a cheerful New York stock exchange
2 MIN READ

Technology stocks drive the market on a cheerful New York stock exchange

EU updates Mexico agreement
1 MIN READ

EU updates Mexico agreement

Memorial Ceremony for PG Gyllenhammar
1 MIN READ

Memorial Ceremony for PG Gyllenhammar

Investigation expanded against X
1 MIN READ

Investigation expanded against X

Trump waits to enforce Tiktok ban
3 MIN READ

Trump waits to enforce Tiktok ban

Star Chef Tommy Myllymäki Loses Rental Dispute – Forced to Leave
1 MIN READ

Star Chef Tommy Myllymäki Loses Rental Dispute – Forced to Leave

Better than expected for Saab
1 MIN READ

Better than expected for Saab

Better than expected for Saab
1 MIN READ

Better than expected for Saab

Norwegian giant fund seeks next CEO
1 MIN READ

Norwegian giant fund seeks next CEO

Inflation rise in eurozone confirmed
1 MIN READ

Inflation rise in eurozone confirmed

Bankers to build European transfer system
1 MIN READ

Bankers to build European transfer system

Lower prices on gasoline and diesel
1 MIN READ

Lower prices on gasoline and diesel

NCC Rebuilds Oceana After the Fire
1 MIN READ

NCC Rebuilds Oceana After the Fire

Unexpected setback for British Christmas trade
1 MIN READ

Unexpected setback for British Christmas trade

Solid stock market rise in Stockholm
2 MIN READ

Solid stock market rise in Stockholm

You'll find the cheapest food here
2 MIN READ

You'll find the cheapest food here

China reaches growth target after strong final quarter
2 MIN READ

China reaches growth target after strong final quarter

Down in Japan – up in China
1 MIN READ

Down in Japan – up in China

Upward trend for China's economy
1 MIN READ

Upward trend for China's economy

Down on Wall Street
1 MIN READ

Down on Wall Street