Stocks mixed Monday, with renewed weakness in smaller stocks

Profit taking in some of 2014′s high flyers sent the NASDAQ composite down 1.1% to open the week, while big blue-chip stocks generally ended Monday in positive territory. Biotech stocks fell (-1.5%), as did internet stocks (-2.2%) and some of the stocks with biggest gains for 2014: Tesla, -9.1%; Netflix, -3.9%; Facebook, -3.7%.
[Read more...]

Stocks fall Friday and for the week

U.S. stock prices suffered their first down week since July, with the S&P 500 losing 1.1% from the prior Friday’s all-time high. Roughly half of this decline came on Friday, when the S&P 500 dropped 0.6%. The Dow Jones Industrials fell 150 points (0.9%) for the week, 61 points (0.4%) on Friday. NASDAQ declined just 0.3% for the week as Apple, its biggest member, gained 2.7% in a week of new product introductions, including the iPhone 6.
[Read more...]