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.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?