Major indexes closed mixed on Wall Street Thursday after another choppy day of trading.
The S&P 500 closed slightly higher after wobbling between gains and losses for much of the day. Even though most stocks in the S&P 500 fell, the benchmark index managed to rise thanks largely to gains in several big technology companies, like Microsoft.
The Dow Jones Industrial Average fell and the Nasdaq rose, while small-company stocks lost ground. Prices for crude oil and other commodities fell broadly.
On Thursday:
The S&P 500 rose 5.53 points, or 0.1 %, to 4,405.80.
The Dow Jones Industrial Average fell 66.57 points, or 0.2%, to 34,894.12.
The Nasdaq rose 15.87 points, or 0.1%, to 14,541.79.
The Russell 2000 index of smaller companies fell 26.36 points, or 1.2%, to 2,132.42.
For the week:
The S&P 500 is down 62.60 points, or 1.4%.
The Dow is down 621.26 points, or 1.7%.
The Nasdaq is down 281.11 points, or 1.9%.
The Russell 2000 is down 90.69 points, or 4.1%.
For the year:
The S&P 500 is up 649.73 points, or 17.3%.
The Dow is up 4,287.64 points, or 14%.
The Nasdaq is up 1,653.51 points, or 12.8%.
The Russell 2000 is up 157.57 points, or 8%.
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
