Previous Close | 2.9770 |
Open | 2.9500 |
Bid | 3.0510 x N/A |
Ask | 3.0900 x N/A |
Day's Range | 2.9500 - 2.9500 |
52 Week Range | 1.7430 - 3.9920 |
Volume | |
Avg. Volume | 9 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | May 08, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite gained 2%. The Nasdaq composite rose 316.14 points, or 2%, to 15,927.90.
U.S. stocks closed higher on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data. Investors cheered Alphabet's first-ever dividend, its $70 billion stock buyback program, and better-than-expected first-quarter results. Microsoft shares rose after its third-quarter revenue and profit exceeded Wall Street estimates, driven by gains from artificial intelligence (AI) adoption across its cloud services.
Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen hit a fresh 34-year low after the Bank of Japan (BOJ) opted to keep monetary policy loose at its latest meeting. World equities were still poised to finish the month lower, as hopes of rapid Federal Reserve rate cuts drained from the market following a series of U.S. inflation readings.