After opening down more than 1% – 2% in the case of NASDAQ – U.S. stocks rallied Thursday to close narrowly mixed. [Read more…]
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%.
U. S. stocks closed mostly mixed on Friday and up for the week, but bonds grabbed the spotlight. [Read more…]