Mixed on Wall Street

» Published: October 25 2024

Mixed on Wall Street
Photo: Peter Morgan/AP/TT

Share this article

The US stock exchanges ended the trading week on both sides of the zero line.

At Friday's close, the Dow Jones industrial index stood at minus 0.6 percent, while the Nasdaq's technology-heavy composite index landed at plus 0.6 percent. The broad S&P 500 index traded sideways.

Several tech giants functioned as locomotives, including Nvidia, which rose 0.8 percent, Facebook owner Meta, up 1.0 percent, and Microsoft, plus 0.8 percent.

Electric car manufacturer Tesla, which on Thursday rose 22 percent after a quarterly report, continued to rise on Friday by 3.4 percent.

Tapestry, which owns Coach and Kate Spade, surged 13.5 percent, while sector colleague Capri, which owns fashion houses Jimmy Choo, Michael Kors, and Versace, fell by 48.8 percent – after a judge stopped a merger of the companies.

HCA Healthcare's, which operates hospitals, shares fell 8.8 percent after the company reported revenue losses due to Hurricane Helene's passage.

Tags

TTT
By TTTranslated and adapted by Sweden Herald

More news

Dousa Highlights Risks of Increased US Steel Tariffs
1 MIN READ

Dousa Highlights Risks of Increased US Steel Tariffs

OPEC-plus Increases July Oil Production Target
1 MIN READ

OPEC-plus Increases July Oil Production Target

Finnair Cancels 50 Flights at Helsinki Airport Due to Strike
1 MIN READ

Finnair Cancels 50 Flights at Helsinki Airport Due to Strike

China's Manufacturing Industry Faces Second Month of Decline
1 MIN READ

China's Manufacturing Industry Faces Second Month of Decline

Germany Proposes 10% Tax on Major Tech Giants
1 MIN READ

Germany Proposes 10% Tax on Major Tech Giants

Trump Proposes Doubling US Steel Import Tariffs to 50 Percent
1 MIN READ

Trump Proposes Doubling US Steel Import Tariffs to 50 Percent

Trump's China Accusation Shakes Stock Market
2 MIN READ

Trump's China Accusation Shakes Stock Market

US Imports See Record 19.8% Drop in April
1 MIN READ

US Imports See Record 19.8% Drop in April

Trump Claims China Breached Agreement; Stock Market Reacts
1 MIN READ

Trump Claims China Breached Agreement; Stock Market Reacts

US Core Inflation Falls to 2.5% in April
1 MIN READ

US Core Inflation Falls to 2.5% in April

Germany Inflation Steady at 2.1% in May
1 MIN READ

Germany Inflation Steady at 2.1% in May

FI Alerts Swedish Consumers to Fraud Attempts
1 MIN READ

FI Alerts Swedish Consumers to Fraud Attempts

Gap Stock Drops 16 Percent Amid Tariff Concerns
1 MIN READ

Gap Stock Drops 16 Percent Amid Tariff Concerns

Readly to Delist from Stock Exchange in June 2025
1 MIN READ

Readly to Delist from Stock Exchange in June 2025

Volvo Cars Credit Rating Outlook Lowered by S&P Global
1 MIN READ

Volvo Cars Credit Rating Outlook Lowered by S&P Global

Vattenfall Invests 630 Million Kronor in Sweden's Largest Hydropower Station
1 MIN READ

Vattenfall Invests 630 Million Kronor in Sweden's Largest Hydropower Station

Spain's Inflation Drops to 1.9 Percent in May, Lowest in Seven Months
1 MIN READ

Spain's Inflation Drops to 1.9 Percent in May, Lowest in Seven Months

German Retail Trade Falls by 1.1 Percent in April
1 MIN READ

German Retail Trade Falls by 1.1 Percent in April

Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood
2 MIN READ

Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood

Stock Market Dips While Satellite Company Ovzon Surges 42 Percent
2 MIN READ

Stock Market Dips While Satellite Company Ovzon Surges 42 Percent