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frankmorano

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The Other Side of Midnight with Frank Morano
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Stocks mixed…Jobless claims down…Mortgage rates up

NEW YORK (AP) — Stocks are off to mixed start on Wall Street as several major technology stocks rose even as many other parts of the market were in the red.

The S&P 500 was holding on to a tiny gain of 0.1% in the early going, but it’s still down for the week as it comes off two big losses.

The tech-heavy Nasdaq was up 0.3% and the Dow Jones Industrial Average of 30 blue chip companies was down 0.2%. HP soared 15% after Warren Buffett’s Berkshire Hathaway disclosed an 11% stake in the company. Crude oil prices were up 1%.

 

—Copyright 2021 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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