Never Miss a Beat: Get a snapshot of the issues affecting the IT industry straight to your inbox.
Turbulent Markets End Mixed, Tech Stocks Lower
Blue chips rose on news that oil prices could fall. But tech stocks slipped ahead of Intel's quarterly forecast later this week.
1 Min Read
Investors witnessed another turbulent day of trading Wednesday. Blue chips rose on news that OPEC would increase oil production to ease rising oil prices. Technology stocks slipped again as investors awaited Intel's quarterly forecast later this week.
Our InformationWeek 100 fell about half a point, or 0.2%, to close at 318.07. The Nasdaq Composite Index fell 1.79 points, or 1.1%, to 1,988.98. The Dow Jones industrial average rose 60.32 points, or 0.6%, to close at 10,262.97, and the S&P 500 rose 3.79 points, or 0.3%, to wind up at 1,124.99.
The Nasdaq-100 tracking stock fell 8 cents, or 0.2%, to $36.42 on average trading volume of 104 million shares.
See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.
About the Author(s)
You May Also Like
More Insights
Webinars
Smart Service Management
June 4, 2024Tales of a Modern Data Breach: The Rise of Mobile Attacks
June 11, 2024The CIOs Guide to Enhancing GRC in 2024
June 20, 2024
Editor's Choice
May 2, 2024
While there are plentiful options in cyber resiliency and business continuity tools and platforms, there isn’t one that can knock out everything from sudden cloud outages to prolonged ransomware attacks in a single punch. What can you do to keep the company on its feet no matter what is thrown at it? Find out in this new virtual event.
Reserve Your Seat Now