Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Markets

Stock market news live updates: S&P 500 retreats from record high, but posts 5.2% gain in April for best month since November

by capitalizefinancial
May 1, 2021
in Markets
0
Stock market news live updates: S&P 500 retreats from record high, but posts 5.2% gain in April for best month since November

Stocks fell Friday after a record-setting session a day earlier, with stocks taking a pause after strong earnings results and more encouraging economic data helped fuel the latest leg higher in risk assets. Still, however, the three major indexes posted strong gains for the month of April.

The S&P 500 dropped about 0.7%, after the index closed at an all-time high of more than 4,200 on Thursday. The index’s monthly gain came out to 5.2%, or its best since its nearly 11% rise in November 2020. The Dow and Nasdaq each also retreated during Friday’s session. However, the Dow was still up more than 2.5% in April, while the Nasdaq gained more than 5%.

Shares Amazon (AMZN) bucked the trend and jumped to a record high after reporting first-quarter results and current-quarter guidance that exceeded expectations, with online shopping still booming even as more in-person businesses reopen. Shares of Twitter (TWTR), on the other hand, sank after its current-quarter revenue guidance fell short of estimates, disappointing investors who had hoped to see a stronger pick-up in the company’s ad sales to match trends seen at peer social media companies like Snap (SNAP) and Facebook (FB). Overall, companies comprising about two-thirds of the S&P 500 market capitalization have so far reported results, and 84% of these have topped estimates, according to data from Credit Suisse analyst Jonathan Golub.

Read More….

Previous Post

US wages and benefits jump as economy reopens

Next Post

US Steel ends plans for $1.5B Pennsylvania plant upgrades

Next Post
US Steel ends plans for $1.5B Pennsylvania plant upgrades

US Steel ends plans for $1.5B Pennsylvania plant upgrades

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Fear The Walking Dead Proves The Problem With Negan’s Redemption

Biden offers logistics support to ease formula shortage

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved