Business & Finance
News
4/23/2004
05:24 PM
Connect Directly
RSS
E-Mail
50%
50%

InformationWeek 100 Finishes Week Up 1.6%

Microsoft rose 6.1% to $27.54 Friday. But Amazon fell 5.3% to $46.29.

Wall Street followed Thursday's strong results with more-tempered gains Friday, as trading hovered around the break-even point much of the day. Despite a week of healthy earnings, the day's positive economic news--durable-goods orders were up more than expected--caused investors to move with caution. They fear the Fed would raise interest rates sooner than many would like.

Among tech issues, Friday belonged to the stalwarts. Microsoft rose $1.59, or 6.1%, to $27.54, and Intel rose $1.01, or 3.8%, to $27.53. Meanwhile, Amazon fell $2.57, or 5.3%, to $46.29, and eBay fell 45 cents, or 0.5%, to $82.14. The Nasdaq-100 tracking stock rose 29 cents, or 0.8%, to $37.21, on heavy volume of 90.9 million shares.

The Nasdaq Composite Index outpaced all the rest of our indexes Friday, rising 16.86 points, or 0.8%, to 2,049.77. The Dow Jones industrials rose 11.64 points, or 0.1%, to 10,472.84, and the S&P 500 rose seven-tenths of a point, or less than 0.1%, to 1,140.6.

Our InformationWeek 100 on Friday rose less than one-tenth of a point, or 0.03%, to close at 334.04, but for the week, it was up 1.6%. For the week, the Nasdaq rose 2.7%, the Dow rose 0.2%, and the S&P 500 rose 0.5%.

See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.

Comment  | 
Print  | 
More Insights
The Business of Going Digital
The Business of Going Digital
Digital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - July 22, 2014
Sophisticated attacks demand real-time risk management and continuous monitoring. Here's how federal agencies are meeting that challenge.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.