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A late slide erases gains for U.S. indexes, leaving them mixed

WorldNews Saturday, 17 October 2020
A late slide erases gains for U.S. indexes, leaving them mixedWall Street closed out a choppy week of trading with more of the same Friday, as a late-afternoon stumble led U.S. stock indexes to a mixed finish. The Standard & Poor’s 500 ended the day just a fraction of a point higher after a burst of selling erased a 0.9% gain. Despite a three-day stretch of losses, the benchmark index still managed to finish higher for the week, its third straight weekly gain. Big Tech and energy companies fell while healthcare and industrial stocks rose. The Dow Jones industrial average also eked out a gain, while the Nasdaq composite posted its fourth straight loss. Treasury yields were flat. The market had been up for much of the day after the government...
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NASDAQ Composite Stock market index

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Credit: Reuters Studio    Duration: 02:14Published
Record closing highs for S&P 500, Nasdaq [Video]

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The S&P 500 and Nasdaq Composite indexes closed at record highs on Tuesday, as investors applauded renewed stimulus talks in Washington and bet a COVID-19 vaccine will be available soon. Conway G. Gittens has all the Wall Street action.

Credit: Reuters Studio    Duration: 01:30Published

S&P 500 Index S&P 500 Index Stock market index

Time to consider locking-in gains -retirement expert [Video]

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Credit: Reuters Studio    Duration: 05:30Published

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Dow Jones Industrial Average Dow Jones Industrial Average American stock market index

Dow wraps best month since 1987 on Covid-19 vaccine hopes

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Dow, S&P pull back from record highs [Video]

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The S&P 500 and Dow closed lower Wednesday as mounting U.S. layoffs in the wake of new lockdowns to contain surging COVID-19 infections dampened investor risk appetite. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:38Published
Slack Spikes 32%, Reports Of Takeover By Salesforce [Video]

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Slack rocketed as much as 32% higher on Wednesday after Dow Jones reported Salesforce.com is in talks to acquire the workspace-communications company. Such a deal would likely value Slack at more than the $17 billion market cap it held before shares jumped. There's no guarantee the talks will lead to a takeover, and Salesforce could target another company for an acquisition, sources familiar with the matter told Dow Jones.

Credit: Wochit News    Duration: 00:32Published

Big Tech Big Tech Collective term for large technology companies including Google, Amazon, Facebook, Apple, and Microsoft

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U.S. President Donald Trump said on Tuesday he would veto the $740 billion National Defense Authorization Act unless it eliminates a federal law protecting tech companies such as Facebook and Twitter. Gloria Tso reports.

Credit: Reuters Studio    Duration: 01:12Published

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House panel issues scathing Big Tech complaint [Video]

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Credit: Reuters - Politics    Duration: 01:58Published

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