Schaeffer's Market Recap The Nasdaq and S&P both closed higher for the day and week
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| | | 4/26/2019 | |
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| Amazon Pushes Nasdaq to Fifth Straight Weekly Win | | By Emma Duncan | | Stocks closed higher, with investors digesting gross domestic product (GDP) data that showed the U.S. economy grew 3.2% during the first quarter, well above forecasts. However, upside was contained following a batch of mixed corporate earnings reports, with an Intel (INTC) disappointment dragging on the Dow in early trading, while well-received Amazon.com (AMZN) earnings pushed the Nasdaq and S&P 500 to record-high closes. Though the Dow came up just shy for the week, the other two indexes nabbed weekly wins -- the Nasdaq marking its fifth straight. Continue reading for more on today's market, including: | | >> Continue reading... | |
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